Ofwat: no general concerns over financial resilience of water companies
Ofwat has published the the first full report produced under its financial monitoring framework which sets out the regulator’s analysis of the relative performance and financial strength of the water and wastewater companies in England and Wales.
EIB provides €40m funding to improve water and flood infrastructure in Cyprus
The European Investment Bank (EIB) has signed a €40 million finance contract to improve drinking water supplies to the greater Nicosia region, along with an additional EUR 15 million of financing for anti-flooding infrastructure investments in Larnaca, reaffirming the EU bank’s commitment to Cyprus.
Moodys warns over risks to credit ratings and cuts in revenue for UK water sector
Credit ratings agency Moody’s is warning that while currently low borrowing costs are credit positive for UK water companies that issue new debt, persistently low rates could result in a significant revenue cut following the 2019 price review.
EU bank signs €120m loan to support Dutch water authority investment programme
The European Investment Bank (EIB) has signed a €120 million loan agreement with the Dutch local water authority Waterschap Hollandse Delta (WSHD).
Moody's downgrades Yorkshire Water and Southern Water rating to negative
Credit ratings agency Moody's has downgraded Yorkshire Water and Southern Water’s rating from stable to negative.
UK Govt imposes significant safeguards for future foreign investment in critical infrastructure
Following a comprehensive review of the Hinkley Point C project, and a revised agreement with EDF, the Government has decided to proceed with the first new nuclear power station for a generation.
Government spending watchdog to investigate Thames Tideway Tunnel assurance arrangements
The National Audit Office, the government’s spending watchdog, has launched an investigation into the assurance arrangements for the £4.2 billion Thames Tideway Tunnel – the NAO will publish its report in the autumn.
Water and wastewater accounts for 27% of $5bn climate adaptation funding by world’s largest development banks
A new report shows that climate finance totalling $ 81 billion US dollars was mobilised for projects funded by the world’s six largest multilateral development banks (MDBs) in 2015, including $ 25 billion of MDBs’ direct climate finance, combined with a further $56 billion from other investors.
IPA report flags up Tideway Tunnel as benchmark for future major UK infrastructure projects
A case study in the Government's Infrastructure and Projects Authority (IPA) newly released Annual Report on major projects for 2015-16 has flagged up the £4.2 billion Thames Tideway Tunnel as as a benchmark for the development of future major UK infrastructure projects.
EIB provides €100m financing for Netherlands drinking water upgrade
The European Investment Bank (EIB) has signed a loan agreement with Dutch drinking water provider Dunea N.V – the €100 million financing will support Dunea’s 5-year investment plan for upgrading the drinking water supply and distribution networks in The Hague region.
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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