Irish Government approves €2 billion investment in Uisce Éireann to support delivery of 300,000 homes by 2030
The Irish Government has approved the mechanism to provide a €2 billion capital funding package for Uisce Éireann to expand water and wastewater infrastructure capacity and support the delivery of 300,000 new homes by 2030.
FT reports private equity group acquired 42% stake in Yorkshire Water at “a steep discount”
EQT, the private equity group who formally acquired a 42% shareholding in Kelda Holdings Ltd, the ultimate parent company of Yorkshire Water in June 2026, acquired the stake from Deutsche Bank at “a steep discount” in a deal “worth less than the value of its regulated assets”, according to a report in the Financial Times this morning.
South East Water given credit ratings downgrade by S & P Global Ratings
South East Water received a credit rating downgrade last Friday from one of its two ratings agencies, S&P Global Ratings; earlier this year the water company’s credit rating was downgraded to sub-investment grade by Moody’s on 28 May 2026.
NI Water launches consultation on Article 161 Sewer Bond Incentivisation
Northern Ireland Water (NI Water) has launched a public consultation on its proposed Article 161 Sewer Bond Incentivisation and Surety Policy Framework.
South East Water flags up concerns over “material uncertainty” regarding future funding
South East Water is warning over “material uncertainty” regarding funding beyond July 2027 in its Group Annual Report and Financial Statements for the financial year ending 31st March 2026.
Thames Water launches process to gain access to further funding of c£677 million
Thames Water yesterday launched the process to gain access to further funding under the Facility it first entered into in 2025 with its subsidiary, Thames Water Super Senior Issuer plc. when an initial £1.5 billion was made available under the Facility. On Wednesday the water company published its latest annual results for the year to 31 March 2026 showing a return to profit and sufficient funding secured through to Q4 2026.
Thames Water - approval of Twelfth Consent Requests enables company to access £213.49m in further funding
Following the launch on 29 June 2026 of its Twelfth Consent Requests, Thames Water has announced that the requests have been approved - enabling the company to gain access to a further £213.49 million this month.
Utilities challenger Everflow secures £44 million to accelerate growth from North East
Everflow, one of the UK’s fastest growing business utilities providers, has secured multi-million-pound funding in one of the largest deals of the year in the North East.
Tideway Tunnel - government-backed financial support package could serve as model for other large scale infrastructure projects, study finds
A research study commissioned by the Department for Environment, Food and Rural Affairs (Defra) has found that the Government Support Package (GSP) provided for the Thames Tideway Tunnel could serve as the financial model for other large scale infrastructure projects with a large public benefit - for example nuclear power stations and water reservoirs.
New report from S&P Global Ratings decodes data centre risk
A new report from S&P Global Ratings is flagging up three critical risk dimensions for data centres which set them apart from other project finance asset classes – namely, real estate, traditional infrastructure, and technology.
News Showcase
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Albion Water appoints new Director of Business Development
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development. -
Webinar to explore moving indirect potable water reuse to full implementation
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality. -
Kohtari CEO says joined-up water intelligence needed to predict, not just react - not more data
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react. -
IED compliance – using automated sliding floodgates to support secondary containment at water and sewerage company sites
Ray Moulds, Sales Director at Flood Control International, takes a look at how automated sliding floodgates are supporting secondary containment at water and sewerage company sites.
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Other Latest News
- Ofwat confirms provisional approval of £3.4 billion of further funding for 13 water companies
- United Utilities - giant tunnel boring machine emerges at Knutsford after completing underground drive
- Completion of £4.5 million Greatham Marsh Restoration Scheme sees return of tide for first time in over 200 years
- National Cyber Security Centre adds water sector example to Secure Connectivity Principles for Operational Technology
- Cambridgeshire business to benefit from water efficiency drive
- Met Office issues Amber Extreme Heat warning as temperatures set to peak at 37°C in places
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.
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