IFC and Bank of China fund $30m loan for Dubai-based water treatment firm
IFC, a member of the World Bank Group, is arranging a $30 million syndicated loan to a leading Dubai-based water and wastewater treatment company to help expand essential services in the Middle East and North Africa (MENA) and Asia.
IPO report shows UK knowledge investment continues to grow
New figures published today in a report by the Intellectual Property Office show that UK business is building success through ‘knowledge’ and ‘creative assets.’
Move by Norway sovereign wealth fund to invest in renewables could have 'global impact'
The government of Norway will mandate the country's sovereign wealth fund, the largest in the world, to invest in renewable energy.
Italy and EIB sign €115m deal for hydropower programme
The European Investment Bank (EIB) and Italian multi-utility A2A have signed a 15-year €115 million loan agreement to finance integrated waste management and hydropower investments.
Civil engineers call for long-term funding for infrastructure
One of the UK’s leading civil engineering associations has called for long-term funding for infrastructure following this morning’s announcement that the Government is to provide additional money to fix weather-damaged roads.
Fitch warns tougher price controls may pressure UK water companies' ratings
Ratings agency Fitch is warning that the UK water regulator's new approach to setting price controls reduces earnings visibility and is likely to put pressure on some credit ratings.
Moody's warns highly geared UK water companies most exposed to cuts in returns
According to Moody's Investors Service, recent Ofwat guidance indicates a significant reduction in allowed returns for UK water companies, with Anglian Water, Thames Water, Yorkshire Water and Southern Water particularly at risk.
EBRD, EIB and EU finance €59 million improvements to water services in Moldova
The European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), and the European Union, through the Neighbourhood Investment Facility, are joining forces to support the modernisation of water and waste water infrastructure in Moldova’s capital, Chisinau.
Sunday Times says water firms have “siphoned off profits”
A report in yesterday’s Sunday Times newspaper says that six of the UK’s largest water companies have taken £11 billion in dividends during the past decade and paid only £1.7 billion in corporation tax. Average customers’ bills have increased by 55% over the period.
Easing of EU rules will help small firms access vital finance
The EU is to make it easier for companies to raise essential finance for investment.
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
News Sections
Other Latest News
- White Horse Reservoir - Thames Water seeks supplier interest in upcoming procurement of £48m contract for Independent Technical Advisor
- Environment Agency makes c£118,000 direct contract award for Lowlands Peat Evidence Synthesis and knowledge gaps
- Anglian Water invites suppliers to register interest in upcoming £60 million Fens and Lincolnshire Reservoirs Early Works Partner (EWP) procurement
- Latest CDP analysis shows companies expect nearly $400bn hit in future impacts from water challenges
- M Group reaches milestone in sustainable water meter recycling programme
- Yorkshire Water progresses work on more projects in £1.5 billion Yorkshire-wide programme to cut CSO discharges
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.
Top Stories
- White Horse Reservoir - Thames Water seeks supplier interest in upcoming procurement of £48m contract for Independent Technical Advisor
- Anglian Water invites suppliers to register interest in upcoming £60 million Fens and Lincolnshire Reservoirs Early Works Partner (EWP) procurement
- Latest CDP analysis shows companies expect nearly $400bn hit in future impacts from water challenges
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