House of Commons Select Committee raises concerns over Water Companies Pension Scheme
Stephen Timms MP, Chair of the House of Commons Work & Pensions Committee, has written to the Trustees of the Water Companies Pension Scheme to raise concerns about its decision to pay a £12 million scheme surplus to an employer, Bristol Water, instead of using the surplus to boost members’ pensions.
New report warns financial institutions "deeply exposed to stranded assets" caused by global water crisis
A new report released today by non-profits CDP and Planet Tracker reveals how financial institutions are exposed to significant risks posed by depleted and contaminated water supplies - with US$13.5 billion in assets already stranded and US$2 billion at risk in four key infrastructure sectors due to water issues.
CIRIA appoints Stantec and Rivers Trust to develop guidance for Blue-Green Infrastructure asset management
CIRIA, the Construction Industry Research and Information Association, has appointed Stantec and the Rivers Trust in a partnership to develop high level guidance and principles for the asset management of Blue-Green Infrastructure.
Critical national infrastructure - Macquarie consortium takes 60% controlling stake in UK gas network
National Grid plc has announced that it has agreed to sell a 60% equity interest in its UK gas transmission and metering business to a consortium of long-term infrastructure investors comprised of Macquarie Asset Management and British Columbia Investment Management Corporation (BCI).
Thames Tideway Tunnel - London’s £4.2bn super sewer project issues £300m in Green Bonds
Tideway, the company building London’s new super sewer, has announced funding of the project to completion in 2025, with the agreement of another £300 million in Green Bonds.
Moody's forecasts stable outlook for UK water sector over next 12-18 months
Moody’s Investor Service is forcasting a stable outlook for UK water companies over the next 12 to 18 months.
Utilities industry business investment falls for second quarter running
Business investment in the utilities industry fell for a second consecutive quarter in Q3 2021, according to the latest ONS data, raising the possibility that the high price of gas could be having an impact.
Financial Times analysis flags up under-investment and £multi-billion shareholder payments by 10 biggest water companies
The Financial Times has published two separate articles flagging up decades of under-investment by the water companies in their networks while paying £73 billion in dividends to shareholders.
Macquarie finalises £120 million debt investment In Anglian Water
Macquarie Asset Management, on behalf of its institutional clients, has finalised a £120 million debt investment in the holding company of Anglian Water in the United Kingdom.
UK pension fund USS Ltd ups stake in Thames Water to almost 20%
Universities Superannuation Scheme Ltd (USS), the sole corporate trustee of one of the UK's largest pension funds, has increased its holding in Thames Water to nearly 20%.
News Showcase
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South West Water explores new approach to sludge dewatering in UK-first municipal trial
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 strengthens its UK presence with acquisition of Hy‑Ram Engineering
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 in new collaboration for Moving Bed Ion Exchange-based nutrient removal
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. -
BactoSense ID cuts wastewater and bathing water bacteria testing from days to minutes
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies.
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Other Latest News
- Mining Remediation Authority - Seaham Garden Village mine water heat network wins national award
- South West Water begins next phase of work in Lyme Regis to reduce storm overflows
- Ofwat awards £15.6 million contract for appointment of Independent Monitor to Thames Water
- Ofwat - Water Innovation Fund launches £8m Cross-Sector Challenge to scale innovation across farming and water sector
- DEFRA publishes new guidance for funding maintenance of SuDS in new developments in England
- Incoming Chair of Environment Agency to be questioned by EFRA and Environmental Audit committees
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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