S&P downgrades four UK water utilities following tougher regulation
S&P Global Ratings has announced that it has downgraded four UK water utilities, after they accepted the final determination of Ofwat’s price review (PR19) in December.
S&P and Moody's ratings agencies downgrade Welsh Water following Ofwat's Final Determination
Ratings agencies Moody’s and S & P Global Ratings have downgraded Welsh Water's credit outlook – the rating actions follow Welsh Water's announcement on 31 January 2020 that it will not ask Ofwat to refer its final determination to the Competition and Markets Authority.
World Economic Forum report warns over half the world’s total GDP exposed to risks from nature loss
Businesses are more dependent on nature and biodiversity than expected, according to The New Nature Economy Report, released by the World Economic Forum at its annual meeting in Davos which takes place this week.
Mark Carney to play key role in UN climate change conference in Scotland
The Prime Minister has appointed the outgoing Bank of England Governor Mark Carney as a key adviser for the UN climate change conference, COP26 which will take place in Glasgow, Scotland in November.
Fitch Ratings warns Ofwat Final Determinations better than draft - but rating pressure persists
Ofwat’s final price determinations package announced on 16 December 2019 for UK water companies offers an improvement on the draft determinations but the ratings remain under pressure, according to Fitch Ratings.
Moody's warns water sector set for largest credit deterioration since privatisation
Credit ratings agency Moody's has warned this morning that the UK water industry is set to suffer its largest credit quality deterioration since privatization.
New report says each UK household could lose up to £1000 from nationalisation
Households in the UK could lose an average of nearly £1000 each under Labour’s nationalisation plans, according to a new study by economic consultants NERA.
European Environment Agency says more investment needed in urban wastewater treatment plants
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 Aon, appointed Chair of Investment Leaders Group
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).
Scottish Government launches £3bn green investment programme
The Scottish Government has launched a £3 billion green investment programme.
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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