Bazalgette Finance plc has announced that Bazalgette Tunnel Ltd, the company responsible for the construction of the Thames Tideway Tunnel, has signed an agreement with four institutional investors from the US for the placement of £300 million notes with maturity date 2032.
One of Europe's largest environmental projects is to receive additional support from the European Investment Bank (EIB) - the bank is providing a further EUR 450m loan to Emschergenossenschaft for the large-scale rehabilitation of the river system.
The High-Level Expert Group on Sustainable Finance, established by the European Commission, has published its first report setting out concrete steps to create a financial system that supports sustainable investments.
Welsh Water has signed a £250 million loan facility with the European Investment Bank. The loan will help finance the company’s extensive capital expenditure programme and its plans to further develop renewable energy generation capacity at its sites.
European countries need to rapidly step up efforts and define their investment needs and plans to match their objectives in shifting to a low-carbon, climate-resilient economy, according to a new briefing from the European Environment Agency.
In an Expert Focus comment on Waterbriefing, Jon Williams, PwC partner and a member of the Task Force on Climate-related Financial Disclosures outlines why the recommendations in the TCFD’s final Report have the potential to improve decision-making by investors, lenders and insurers in respect of climate change impacts on companies.
The industry-led Task Force on Climate-related Financial Disclosures (TCFD) has published its Final Report and Recommendations for the effective disclosure of climate-related financial risks.
The European Commission has said following the withdrawal from the European Union the United Kingdom should cease being a member of the European Investment Bank (EIB).
A report in the Financial Times newspaper has suggested that consumers are now paying £2.3 billion per annum than would have been the case if the water companies had remained in public ownership.
The UK Regulators Network (UKRN) has published its annual update report on the cost of capital cost of capital decisions taken by regulators over the last year.
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.