Wessex Water Chairman Sir Francis Yeoh has said current projections suggest that investment will need to increase at least threefold from current levels and “we stand ready to invest further in Wessex Water for a fair return, to help finance the much enlarged future investment programme.”
Extreme weather events and inflationary pressures have had an impact on company finances and on some key performance commitments, according to Affinity Water’s Annual Report and Financial Statements for the year ended 31 March 2023, the third year of the AMP7 2020-25 price control period.
Yorkshire Water has agreed to donate £235,000 to Yorkshire Wildlife Trust after polluting a Harrogate watercourse, following an investigation by the Environment Agency.
Pennon Group, owners of South West Water and Bristol Water, have announced the acquisition of three new renewable energy generation projects, as part of their commitment to long-term sustainable growth in the UK's environmental infrastructure.
Thames Water shareholders have agreed to provide a further £750 million of equity funding in AMP7, in addition to the £500 million of new equity funds Thames Water drew down on 30 March 2023 following the commitment made by shareholders in June 2022.
Shareholders have agreed to provide Thames Water a further £750 million of equity funding in the remainder of the 2020-25 AMP7 investment period, subject to the satisfaction of certain conditions.
Southern Water has said it it is making progress on its Turnaround Plan under the leadership of a new executive team and with additional shareholder investment - CEO Lawrence Gosden says Southern is "at the start of a long journey to change our performance as a company, and across the industry."
Green solutions, zero carbon projects and delivering ‘superhuman’ results are high on the agenda for those exploring the future of water infrastructure at Northumbrian Water’s Innovation Festival next week.
Southern Water has entered the latest phase of works to improve water quality and protect shellfish in Southampton Water.
United Utilities is holding a series of drop-in events later today giving customers along the Fylde Coast an opportunity to find out about the 24/7 operation it has put in place to repair a fractured pipe at Fleetwood wastewater treatment works.
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards.
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England.
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK.
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies.