A new report from the National Audit Office on the Private Finance Initiative says that future annual charges for operational PFI contracts which continue until the 2040s amount to £199 billion, even if no new deals are entered into,
Ratings agency Moody’s has changed its outlook for the UK water sector from stable to negative for the first time since first published in 2004.
Moody’s has either maintained negative outlooks for five UK-based regulated water utilities and changed one high-yield holding company - the ratings agency’s actions relate to the companies it considers most exposed to the likely cut in allowed returns from 2020.
The Consumer Council for Water (CCWater) is today calling on Ofwat to stick to its promise to set the lowest ever cost of capital for the water industry for the 2019 Price Review.
The House of Commons Environmental Audit Committee has launched a Green Finance inquiry to scrutinise the Government’s strategy to develop ‘world leading Green Finance capabilities’.
Bazalgette Tunnel Ltd has achieved S&P Global Ratings' highest Green Evaluation for its Thames Tideway Tunnel bonds program.
The World Water Council says that over €255 billion euros must be invested in water infrastructure globally every year until 2030 due to climate change.
According to a new report from the IFC, the climate targets promised in the landmark Paris Agreement could be met by catalyzing trillions of dollars in private investments - with water highlighted as one of seven sectors that can make a crucial difference.
The European Commission has approved an investment package of €222 million from the EU budget to support Europe's transition to more sustainable and low-carbon future under the LIFE programme for the Environment and Climate Action.
An article in yesterday's Sunday Times newspaper is warning that if the Labour Party gets into power at the next General Elelection it would simply take water companies back into public ownership with little or no compensation.
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.