Fitch Ratings warns some UK water companies will “find it challenging” to maintain existing ratings for AMP8
Fitch Ratings is warning that some UK water companies will “find it challenging” to maintain their existing credit ratings for AMP8 - and those who fall to do so will be subject to a regulatory cash-lock up.
USS warns Thames Water investment “deeply disappointing” and will influence “future approach to investing in economically regulated assets”
The Universities Superannuation Scheme (USS) has described its experience of investing in Thames Water as “deeply disappointing” and is warning that the experience will “influence our future approach to investing both in economically regulated assets and more broadly.”
South West Water and Severn Trent target bond markets to raise finance
In the last two days both South West Water and Severn Trent have issued prospectuses via the London Stock Exchange targetting bond markets to raise finance via their respective financial subsidiaries.
Moody's Ratings downgrades Thames Water's CFR to Ba2, outlook negative
Moody's Ratings has today downgraded to Ba2 from Baa3 the long-term corporate family rating (CFR) of Thames Water Utilities Ltd.
Ofwat denies agreeing £150 million dividend payment by Thames Water
Ofwat has denied agreeing a £150 million dividend payment by Thames Water, according to a report on the BBC Radio 4 Today news programme this morning.
Fitch Ratings - UK water sector expenditure set to more than double in AMP8
The UK water sector's total expenditure (totex) is likely to more than double in the upcoming AMP8 2025-2030 regulatory period, according to Fitch Ratings latest UK Water - Relative Credit Analysis report released this morning.
S&P Global Ratings – Ofwat DPC private finance model offers UK water companies “good opportunity” to share risks
The new direct procurement for customers (DPC) framework introduced by U.K. water regulator Ofwat offers a good opportunity for U.K. water utilities to share risks with project companies, contractors, and customers, according to S&P Global Ratings.
Moody’s expects Ofwat AMP8 settlement for Thames will enable it to get future investment needed from shareholders
Moody's Investors Service says it expects Thames Water to get an AMP8 decision from water sector regulator Ofwat which will enable it to secure the future investment it needs from shareholders.
World Bank warns $multi-bn annual spending shortfall leaves millions worldwide without access to safe water and sanitation
The World Bank is warning that the world is experiencing an annual spending shortfall of between US$131.4 TO $140.8 billion needed to achieve the UN’s Sustainable Development Goal (SDG) targets for universal access to safe water and sanitation.
Government to provide £11.5 million funding for 180 local projects to boost water quality
£11.5 million of government support funding will enable local projects across England to clean up lakes and rivers, protect communities from flooding and plant thousands of trees.
News Showcase
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Barhale completes two Rapid Action Taskforce Spills projects for Severn Trent
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent. -
Börger UK relocates to larger premises as sales continue to grow
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury. -
Register for HUBER Technology UK webinar on water intake screens for municipal and industrial applications
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications. -
Sulzer launches global Water Treatment Center of Excellence for integrated water solutions
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
Expert Focus
News Sections
Other Latest News
- Royal Borough of Kingston tenders £432m contract for Development Partner for district heat network using waste heat from Thames Water Hogsmill STW
- South East Water Chair resigns after MPs declare “no confidence" in leadership team to turn failing company around
- Plymouth City Council announces Development Partner for £4.2 billion heat network based on waste heat source from South West Water Central Plant
- United Utilities announces equity issue to raise gross proceeds of c. £800 million for AMP8 investment
- Environment Agency imposes £76,000 penalty on South East Water for water supply breach
- Northumbrian Water - County Durham trial could boost river protection work
Watch
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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. -
Working for WSP - what if you could build a career as unique as you? With us, you can
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.
Top Stories
- Royal Borough of Kingston tenders £432m contract for Development Partner for district heat network using waste heat from Thames Water Hogsmill STW
- South East Water Chair resigns after MPs declare “no confidence" in leadership team to turn failing company around
- Plymouth City Council announces Development Partner for £4.2 billion heat network based on waste heat source from South West Water Central Plant
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