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Finance and Risk
Monday, 25 October 2021 05:38

Affinity Water issues £130m Green bond

AFFINITY WATER LOGOAffinity Water has announced that its financing subsidiary Affinity Water Finance PLC has issued a Class A £130 million 0.01 per cent CPI Linked Private Placement due September 2038.

Wednesday, 15 September 2021 06:49

Affinity Water launches Green Finance Framework

AFFINITY WATER GREEN FINANCE FRAMEWORKAffinity Water has published its Green Finance Framework which aligns the company's strategic and sustainability priorities with its funding and financial strategy.

UK INFRASTRUCTURE BANK CEOChancellor Rishi Sunak has appointed John Flint as the first permanent Chief Executive Officer of the UK Infrastructure Bank (UKIB).

Environment 1HM Treasury has announced the appointment of an independent expert group to advise Government on standards for green investment.

BANK OF ENGLAND  THE CITY 1The Bank of England has published the first Climate Biennial Exploratory Scenario (CBES) to explore the financial risks posed by climate change for the largest UK banks and insurers.

INVESTOR_CLIMATE_ACTION_PLANS_REPORT.pngThe UNEP Finance Initiative, together with its founding partners of The Investor Agenda have today released a new tool to enable institutional investors to step up action to tackle the climate crisis and accelerate the transition to a net-zero economy.

fitch_ratings.jpgFitch Ratings has this morning confirmed that it views the outcome of the Anglian Water and Yorkshire Water appeals to the Competition and Markets Authority (CMA) as credit-positive and that the ratings remain unchanged.

united utilities green bond issueThe North West’s water company, United Utilities, has attracted huge demand for its first ever sustainable bond issue, which was more than three times over-subscribed.

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First Sentier Investors (FSI), managers of infrastructure assets on behalf of institutional investors in the UK with in excess of £1.2 billion of equity, including an investment in Anglian Water, has told the Competition and Markets Authority it is “disappointed and concerned to see the CMA reversing key aspects of its Provisional Findings”.

 

POUND STERLING 1Pension funds group IFM Investors (UK) Ltd, one of the largest infrastructure investors globally, is warning the Competition and Markets Authority of its doubts over the stability and long-term attractiveness of the UK water sector.

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