Thames Water has this morning announced that a supplemental expert witness report by Matt Cowlishaw of Teneo Financial Advisory Ltd in relation to the likely outcome for creditors under its proposed restructuring plan has been made available to the plan creditors, prospective buyers, transferees and sub-participants of thet debt.
The Chief Executives and Chairs of both Thames Water and Ofwat endured intensive questioning yesterday from the House of Commons Environment Food and Rural Affairs Committee in a compelling live evidence session which at times made for uncomfortable viewing.
Severn Trent has today announced its intention to conduct a non-pre-emptive placing through the issue of new ordinary shares, Retail Offer shares and Subscription Shares to raise approximately £250 million following Ofwat's decision to endorse an award to Severn Trent of £565 million (2017/18 prices) for its Green Recovery proposals.
Ofwat looks set to reduce the level of its reporting requirements from water and wastewater companies in England and Wales.
Following the announcement of the government's Real Help for Business Programme in January, Capital for Enterprise Fund Managers has announced the final closing of the Capital for Enterprise Fund - a £75m fund of funds.
Balfour Beatty has announced that existing shareholders have bought 97 per cent of 199.5 million new shares created to buy Parsons Brinckerhoff, with the remaining 6 million bought by other investors.
Attendees at next month’s National Civils Show, Floodex, National Drainage Show and Waterways Management on 26th and 27th November are set to benefit from an expert speaker line-up and the opportunity to visit a wide range of exhibitors all co-located in one place at Excel, London, one of the UK’s leading international exhibition and convention centres.
Tackling leakage is one of the fastest and most cost-effective ways for utilities to bolster water security, writes Ben Crabtree, Product Line Director, Ovarro, revealing how the potential of smart technologies is being demonstrated around the world.
UK-headquartered South Staffordshire Plc, the integrated services group operating within the UK critical infrastructure and essential services markets, has received a prestigious Royal Society for the Prevention of Accidents (RoSPA) Award for global health and safety excellence.
Balfour Beatty, the UK’s largest construction and infrastructure provider, has delivered exceptional environmental results on the Thames Estuary Asset Management 2100 (TEAM2100) framework, one of the nation’s most ambitious flood defence initiatives.