Financial Times – Thames Water may have to restate accounts for year ended 31 March 2024
Thames Water may have to restate its accounts for the finalcial year ended March 2024, according to a report in the Financial Times at the weekend.
Anglian Water achieves KPI carbon targets linked to £300 million Sustainability Bond
Anglian Water has achieved KPI carbon targets linked to a Sustainability Bond, according to an update on progress against targets released by Anglian Water (Osprey) Financing PLC in relation to its £300 million Sustainability Linked Bond.
South East Water receives £200 million equity injection to strengthen financial resilience
South East Water has received a £200 million equity injection from its owners to further strengthen its financial resilience.
Anglian Water announces £500 million shareholder equity injection
Anglian Water has announced that the company’s shareholders have provided unconditional and legally binding commitments to inject £500 million into the Anglian Water Group, pro-rata to their current shareholdings.
Fitch Ratings warns water companies face significant operational and financial challenges during AMP8
The water companies in England and Wales face significant operational and financial challenges during the 2025-2030 AMP8 investment period, according to a new report from Fitch Ratings on the UK water sector.
RAPID programme - Ofwat flags up £50 billion opportunities for investors and water sector supply chain
Ofwat is flagging up the £50 billion opportunities on offer for 30 major upcoming projects coming down the line in the RAPID programme with the publication of two separate Major Projects guides for the supply chain and for investors respectively.
New report shows nearly a third of investors spent over $500m in water sector in 2024 - with investment set to accelerate in 2025
A new report from global law firm White & Case LLP – ‘Currents of Capital 2025’ – reveals significant momentum for investment into global water infrastructure, technology and services in 2024, with capital deployment to increase further in 2025.
Thames Water to draw down first tranche of emergency funding following bondholder approval for restructuring proposals
Thames Water has announced the results of the vote which took place on 31 March - the STID proposals were approved with over 95% of the outstanding principal amount of the qualifying Class A Debt voting in favour.
National Audit Office – new report sets out lessons for public infrastructure investment using private finance
As the government establishes its 10-year strategy for infrastructure investment, a new report from the National Audit Office (NAO) has set out the key lessons when considering the use of private finance for public infrastructure projects.
Government grants new powers to borrow and invest up to £1.5 billion over next 15 years to Crown Estate
For the first time in The Crown Estate’s history, it has been granted borrowing and new investment powers to future proof the organisation and help it to create financial, social and environmental value for generations to come.
News Showcase
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Sulzer launches global Water Treatment Center of Excellence for integrated water solutions
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner. -
Pumps prove to be smooth operators for Anglian Water
“SAS (Surplus Activated Sludge) is a bit weird and can do odd things,” says Stuart Chatten, Lead Bioresources Technician at Whitlingham Water Recycling Centre (WRC), one of Anglian Water’s principal centres for processing sewage, serving a population of 400,000. -
Owen Mace takes over as Director of BPF Plastic Pipes Group
Owen Mace has taken over as Director of the British Plastics Federation (BPF) Plastic Pipes Group on the retirement of Caroline Ayres. He was previously Standards and Technical Manager for the group. -
Ledbury engineering firm strengthens senior team as demand for water process systems grows
PureTec Separations, the Ledbury-based water treatment engineering firm, has appointed Dan Norman as its new Sales Manager – Water Process Systems, supporting the company’s continued growth in the UK and international markets.
Expert Focus
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Other Latest News
- Goverment provides further £6.5 million funding to support repair, maintenance and long-term projects of canals
- Second round of public consultation on Grand Union Canal Transfer starts next week
- Ofwat publishes final Climate Change Principles for water companies
- Uisce Éireann launches procurement for €7bn+ euro Greater Dublin Drainage and Water Supply Project
- Anglian Water set to progress work on flagship strategic pipeline project next week
- Scottish Water set to start work on £6 million project to improve water quality
Watch
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Scottish Water completes £235m investment in two-way connection between drinking water networks
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply. -
United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest. -
Working for WSP - what if you could build a career as unique as you? With us, you can
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.
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