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Company News

Anglian Water plans to install around 11,000 new water meters in a £450,000 programme in towns and villages around Ipswich in the coming months.

Atlantis Resources Limited,a vertically integrated turbine supplier and project owner in the tidal power industry, has announced that it has raised approximately £12 million from its successful initial public offering via the placing of 12,765,957 new shares on the London Stock Exchange's Alternative Investment Market.

Construction and housebuilding group Galliford Try plc has reported record half year results this morning for the six months ended 31 December 2013.

Southern Water is investing around £470,000 in refurbishing reed beds at two of its wastewater treatment works.

Severn Trent Water is starting work on two major schemes costing around £6.5 million to protect properties against sewer flood in the face of changing weather patterns and increasingly heavy rainfall.

Construction and regeneration company Morgan Sindall Group plc has seen its profits fall by 34% for the year ended 31 December 2013 – but its forward order book has risen 8% to £2.4 billion.

Expansion of a major water recycling centre in Cambridgeshire has provided an opportunity for Anglian Water to pilot a more streamlined approach to working with the supply chain in the run-up to AMP6. 

South West Water looks set to outperform on its current AMP5 contract, according to an Interim Management Statement released by owners Pennon Group this morning.

Dŵr Cymru Welsh Water is set to start work on a major £4.5 million investment scheme which will deliver major improvements to the wastewater network in the Rhyl and Kinmel Bay areas.

Credit ratings agency Moody's has downgraded the holding companies of both Thames Water and Anglian Water from a stable to negative outlook as a result of the current PR14 Price Review.

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