Extraordinary growth in global green bonds market - UK and France are biggest issuers in EU
A new study released by the European Commission today shows that green bonds have enjoyed extraordinary growth, since they were first issued in 2007, with the UK and France the biggest issuers in Europe.
Ofwat: no general concerns over financial resilience of water companies
Ofwat has published the the first full report produced under its financial monitoring framework which sets out the regulator’s analysis of the relative performance and financial strength of the water and wastewater companies in England and Wales.
EIB provides €40m funding to improve water and flood infrastructure in Cyprus
The European Investment Bank (EIB) has signed a €40 million finance contract to improve drinking water supplies to the greater Nicosia region, along with an additional EUR 15 million of financing for anti-flooding infrastructure investments in Larnaca, reaffirming the EU bank’s commitment to Cyprus.
Moodys warns over risks to credit ratings and cuts in revenue for UK water sector
Credit ratings agency Moody’s is warning that while currently low borrowing costs are credit positive for UK water companies that issue new debt, persistently low rates could result in a significant revenue cut following the 2019 price review.
EU bank signs €120m loan to support Dutch water authority investment programme
The European Investment Bank (EIB) has signed a €120 million loan agreement with the Dutch local water authority Waterschap Hollandse Delta (WSHD).
Moody's downgrades Yorkshire Water and Southern Water rating to negative
Credit ratings agency Moody's has downgraded Yorkshire Water and Southern Water’s rating from stable to negative.
UK Govt imposes significant safeguards for future foreign investment in critical infrastructure
Following a comprehensive review of the Hinkley Point C project, and a revised agreement with EDF, the Government has decided to proceed with the first new nuclear power station for a generation.
Government spending watchdog to investigate Thames Tideway Tunnel assurance arrangements
The National Audit Office, the government’s spending watchdog, has launched an investigation into the assurance arrangements for the £4.2 billion Thames Tideway Tunnel – the NAO will publish its report in the autumn.
Water and wastewater accounts for 27% of $5bn climate adaptation funding by world’s largest development banks
A new report shows that climate finance totalling $ 81 billion US dollars was mobilised for projects funded by the world’s six largest multilateral development banks (MDBs) in 2015, including $ 25 billion of MDBs’ direct climate finance, combined with a further $56 billion from other investors.
IPA report flags up Tideway Tunnel as benchmark for future major UK infrastructure projects
A case study in the Government's Infrastructure and Projects Authority (IPA) newly released Annual Report on major projects for 2015-16 has flagged up the £4.2 billion Thames Tideway Tunnel as as a benchmark for the development of future major UK infrastructure projects.
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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