More investment is needed to make urban waste water treatment plants fit to meet the difficult challenges posed by the impacts of climate change, as well as the presence of antibiotics and other micro-pollutants in waste water, according to a new European Environment Agency (EEA) briefing.
John Belgrove, Senior Partner at global professional services firm Aon, has been appointed Chair of the Investment Leaders Group (ILG), a group of 12 leading pension funds, insurers and asset managers convened by the University of Cambridge Institute for Sustainability Leadership (CISL).
The Scottish Government has launched a £3 billion green investment programme.
The up-front cost of the Labour Party’s renationalisation proposals for water and energy utilities, train companies and Royal Mail is estimated to be £196 billion, according to new analysis by the CBI.
Bazalgette Tunnel Ltd’s £75 million fixed-rate senior secured green notes issuance to design, build, commission and maintain the Thames Tideway Tunnel in London has received the highest score on the S&P Global Ratings Green Evaluation scale.
A broad group of eighteen civil society organisations has written to Sajid Javid MP ahead of this week’s Spending Review and Budget saying that the government will need to more than double public investment on climate and nature, from the current £17 billion a year to at least £42 billion.
Fitch Ratings has warned that Ofwat's recent draft price review determinations published are likely to have a negative impact on the credit quality of rated UK water companies.
Moodys ratings agency is warning that Ofwat is tightening the screws further on the water sector following publication by the regulator on 18 July of more draft determinations for the upcoming 2020 -25 AMP7 investment programme.
Moody's ratings agency has downgraded Southern Water’s senior secured debt to Baa2 from Baa1 and placed the Baa2 ratings under review for further downgrade, reflecting the risks associated with the continuing Environment Agency investigation and the price review process.
S&P Global Ratings are warning that the credit quality of UK utilities, including the water companies, is under pressure – they could face tighter financial ratios and potentially lower credit ratings as a result of increased regulatory pressures.
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.