European bank provides £530m loan to Severn Trent Water
Europe’s long-term lending institution, the European Investment Bank, has agreed a new £530 million long-term loan to support Severn Trent’s five year AMP6 investment programme.
EIB lends €100 million to Flemish wastewater operator
The European Investment Bank (EIB) and the Flemish utility TMVW (Tussen-gemeentelijke Maatschappij der Vlaanderen voor Waterbedeling – Inter-municipal Association for Water and Sanitation) have signed an agreement for a loan worth €100 million for local wastewater infrastructure in the Flemish region.
Moody's places Yorkshire Water's ratings under review for downgrade
Moody's Investors Service has placed the Baa1 corporate family rating of Yorkshire Water Services Limited on review for downgrade, primarily reflecting what it describes as the rising risk associated with the company's significant derivatives portfolio.
IFC invests $35m in Everbright Water to boost wastewater treatment in China
IFC, a member of the World Bank Group, has agreed to invest $35 million in China Everbright Water Limited, one of China’s emerging wastewater treatment companies, to support the company’s expansion, helping save freshwater and reduce pollution in China.
New EU funding to address climate and biodiversity challenges, inc floods
Two new financial instruments that aim to encourage greater private sector involvement in schemes that contribute to the twin climate priorities of reducing energy use and conserving natural capital, especially biodiversity, in Europe have been launched this week.
UK economic regulators publish update on cost of capital project
The UK Regulators Network(UKRN), which lists Ofwat amongst its members, has published a new information paper on its ongoing cost of capital project.
EC:new fund to generate €315 bn in Investment Plan for Europe
The European Commission has this week adopted the legislative proposal to set up the European Fund for Strategic Investments (EFSI) as part of its Investment Plan for Europe that will unlock €315 billion in public and private investments in the EU economy.
EIB backs hydropower plants upgrades in Ebola-hit Guinea
The European Investment Bank has agreed to support crucial investment to upgrade hydropower energy infrastructure in the West African state of Guinea.
EC starts Europe-wide €300bn investment offensive
European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, has launched a 28-country roadshow to promote the EU Investment Plan, worth more than €300 billion.
New research says water privatisation costs UK customers £2bn per year
New research by Corporate Watch in collaboration with We Own It has found that households across the UK could save £250 each on their electricity, gas and water bills and train fares if the services were publicly financed - with investor payouts costing the UK water sector £2 billion per year.
News Showcase
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ABB launches digital platform for optimizing operation of water networks
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations. -
Safe access solutions a key requirement for water sector and other Critical Infrastructure Providers
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets. -
Albion Water appoints new Director of Business Development
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development. -
Webinar to explore moving indirect potable water reuse to full implementation
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
Expert Focus
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Other Latest News
- United Utilities tenders £12 million AMP8/9 contract for System Integrator Services - Billing and CRM
- Anglian Water appoints Barhale to lead £14.6 million Alconbury Weald pipeline project
- Jersey Water - 2027 investment priorities include £26 million desalination plant upgrade
- Yorkshire Water starts work on £19m investment to install Phosphorus removal solution at Wombwell WwTW
- Southern Water fined £2.4 million for multiple sewage pollution incidents in Kent
- Havant Thicket Reservoir project - Ofwat consults on draft decision on revised delivery dates and significantly increased funding
Watch
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Southern Water showcases last footage inside Yew Hill Reservoir before filling
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water. -
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.
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