S&P Global Ratings warns water conflicts are heightening geopolitical and social tensions
S&P Global Ratings is warning that as climate change increases the volatility of water volumes – exacerbating drought-flood cycle issues in recent years – water conflicts are coming to the fore, and heightening geopolitical and social tensions.
Fitch Ratings downgrades Yorkshire Water ratings
Fitch Ratings has downgraded Yorkshire Water Service Finance's and Yorkshire Water Finance plc's senior secured class A debt rating to 'A-' from 'A', and subordinated class B debt rating to 'BBB' from 'BBB+'.
National Infrastructure Commission Chair calls for creation of UK infrastructure bank
Chair of the National Infrastructure Commission (NIC) Sir John Armitt has written to Chancellor Rishi Sunak calling for the creation of a UK bank with an explicit focus on infrastructure as a domestic replacement for the European Investment Bank.
Fitch Ratings warns coronavirus fallout is adding to UK water revenue pressures
Fitch Ratings is warning that the fallout from coronavirus, including delayed customer payments, increased bad debts and modified consumption volumes, will temporarily reduce cash flow, liquidity and covenant headroom of UK water companies in this financial year.
Thames Water - credit ratings downgrade reflects pressure from Ofwat's "challenging" PR19 Final Determination
Fitch Ratings has downgraded the credit ratings of Thames Water’s holding company Kemble Water Finance Ltd and revised its Issuer Default Rating to Negative, reflecting pressure on Kemble's and Thames Water’s financial profiles as a result of Ofwat’s challenging Final Determination on the company’s AMP7 business plan.
UN warns coronavirus pandemic set to drive down global foreign direct investment by 30%-40% in 2020
The latest United Nations Conference on Trade and Development (UNCTAD) assessment is warning that the coronavirus pandemic is set to cause a dramatic drop in global foreign direct investment, driving it down by 30%-40% in 2020.
Moody's affirms Southern Water's Baa3 rating and stable outlook for AMP7
Moody's ratings agency has affirmed the Baa3 senior secured debt ratings of Southern Water Services (Finance) Ltd, whose issuance is guaranteed by Southern Water. The rating outlook is stable.
Budget 2020 – Chancellor announces £multi billion funding for flood infrastructure and natural habitats
New Chancellor Rishi Sunak has set out details of additional funding for flood infrastructure in the UK in today’s Budget speech, together with announcing the establishment of a new Nature for Climate Fund.
Fitch Ratings agency downgrades Wessex Water
Fitch Ratings agency has has downgraded Wessex Water to 'BBB' from 'BBB+' and holding company Wessex Water Ltd's (WWL) Long-Term Rating to 'BBB-' from 'BBB' – the outlook is stable.
Moody's downgrades SES Water and confirms Anglian Water - both ratings with negative outlook
Moody's Investors Service has downgraded Sutton and East Surrey Water’s senior secured underlying debt rating from Baa1 to Baa2 and also confirmed Anglian Water’s current ratings – the outlook on both companies’ ratings is negative.
News Showcase
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ABB launches digital platform for optimizing operation of water networks
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations. -
Safe access solutions a key requirement for water sector and other Critical Infrastructure Providers
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets. -
Albion Water appoints new Director of Business Development
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development. -
Webinar to explore moving indirect potable water reuse to full implementation
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
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Other Latest News
- Northumbrian Water starts second phase of £2.2 million investment at Marske Sewage Treatment Works
- SEPA update - seven areas in eastern Scotland now at Significant Water Scarcity as conditions continue to shift
- Environment Agency submits planning application for £17.5m Portreath flood defence scheme
- United Utilities - trading update and response to Ofwat’s 2026 Cost Change Draft Decision
- Scottish Water marks major milestone with 100th solar scheme
- Thames Water - 90k+ smart meters now installed across non-household network for over 50% of 170k business customers
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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