The European Investment Bank has agreed to provide a £700 million loan for the £4.2 billion Thames Tideway Tunnel, the biggest infrastructure project ever undertaken by the UK water industry.
Infrastructure investments in water and regulated utility assets are providing some of the lowest internal rates of return for investors, according to the latest infrastructure investors survey from Deloitte.
The European Investment Bank has agreed to provide £500 million to support a major reinforcement of the electricity transmission network in the north of Scotland to improve connections between wind, wave and tidal renewable energy schemes and the national power network.
The European Investment Bank (EIB) has signed a EUR €100 million financing deal with wastewater operator Aquafin.
The UK Government has announced the launch of Dreampipe, a major £1. 2 million multi-year innovation prize which is aiming to stem the amount of water lost in developing countries through leakage, meter inaccuracies and unauthorized use.
The European Investment Bank has granted a US$ 50 million loan to the Republic of Panama for investment in wastewater treatment in Panama City.
Fitch Ratings is warning that UK water sector reforms proposed in December would weaken the credit profiles of regulated utilities by increasing business risk – and the sector faces a rising risk of political intervention.
Moody's Investors Service is warning that Ofwat’s proposed changes in its approach to the upcoming PR19 Price Review - Water 2020 - would, if implemented, be "credit negative" for the water sector.
IFC, a member of the World Bank Group, is leading a $300 million financing package for the Beijing Enterprises Water Group to support the group’s environmental water businesses and promote sustainable economic development in China.
Water UK has warned the Government and water sector regulator Ofwat not to act in ways which might undermine the confidence of investors, following the publication yesterday of a report by the Public Accounts Accounts Committee which was highly critical of Ofwat.
The Future Water Association’s annual Networks November event kicked off last week with a Year in Water Review – a recap on the past year and what it means for the sector going forward.
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards.
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England.
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK.