Stephen Timms MP, Chair of the House of Commons Work & Pensions Committee, has written to the Trustees of the Water Companies Pension Scheme to raise concerns about its decision to pay a £12 million scheme surplus to an employer, Bristol Water, instead of using the surplus to boost members’ pensions.
South West Water owners Pennon Group is planning to use the £3.7 billion net cash proceeds from the sale of waste company Viridor to fund water sector acquisitions, according to its latest trading update.
The merger between South West Water and Bournemouth Water has been referred for an in-depth phase 2 investigation by the Competition and Markets Authority (CMA).
City analysts said they still expect takeover deals in the utilities sector despite the current regulatory review in the water sector, according to the London Evening Standard (LES).
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.
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.
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.
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.