City of London-based investment manager Downing LLP has announced it is partnering with specialist solar developer and consultancy Ennoviga Solar to develop and construct a portfolio of five ground-mounted solar generators that will exclusively serve Northumbrian Water.

Water UK, the organisation which represents all the UK water companies, has questioned Ofwat’s proposed approach to funding bioresources activities at PR24, saying that this represents “the considered and consolidated views” of its members.

The National Infrastructure Commission is calling on the government to deliver “real policy changes rather than the promise of further reviews” for the economically regulated utilities sectors.

Universities Superannuation Scheme Ltd (USS), the sole corporate trustee of one of the UK's largest pension funds, has increased its holding in Thames Water to nearly 20%.

Macquarie Asset Management, on behalf of its long-term investors including pension funds and insurance companies, has today announced it has agreed to acquire a majority stake in Southern Water and will invest over £1 billion in new equity to recapitalise the business.

Water UK, the body which represents the UK water and wastewater companies, has flagged up a number of concerns and suggested alternative approaches to Ofwat’s initial views on the framework for PR24 and future price reviews.

nmcn has this morning announced that it has entered a refinancing arrangement whereby the company will be fully re-capitalised through an equity raise of £24 million to £29 million and a new banking facility of £7.5 million to £8.5 million.

United Utiliities has delivered its best-ever operational performance, according to its full year results for the year ended 31 March 2021 published this morning.

The UNEP Finance Initiative, together with its founding partners of The Investor Agenda have today released a new tool to enable institutional investors to step up action to tackle the climate crisis and accelerate the transition to a net-zero economy.

The results of Ofwat’s annual investors’ survey for 2020 which was conducted in November last year show an overall downward trend in positive responses since 2016.