European Investment Bank: £500m backing for Caithness Moray transmission link
The European Investment Bank has agreed to provide £500 million to support a major reinforcement of the electricity transmission network in the north of Scotland to improve connections between wind, wave and tidal renewable energy schemes and the national power network.
EIB signs €100 Aquafin deal for Belgium wastewater projects
The European Investment Bank (EIB) has signed a EUR €100 million financing deal with wastewater operator Aquafin.
UK Govt launches £1.2m financial innovation Dreampipe Prize to reduce water losses
The UK Government has announced the launch of Dreampipe, a major £1. 2 million multi-year innovation prize which is aiming to stem the amount of water lost in developing countries through leakage, meter inaccuracies and unauthorized use.
EIB lends US$ 50m for wastewater treatment project in Panama City
The European Investment Bank has granted a US$ 50 million loan to the Republic of Panama for investment in wastewater treatment in Panama City.
Fitch warns Ofwat's UK water reform is credit negative and political risk is rising
Fitch Ratings is warning that UK water sector reforms proposed in December would weaken the credit profiles of regulated utilities by increasing business risk – and the sector faces a rising risk of political intervention.
Analysts warn Ofwat's Water 2020 proposals could be 'credit negative' for water sector
Moody's Investors Service is warning that Ofwat’s proposed changes in its approach to the upcoming PR19 Price Review - Water 2020 - would, if implemented, be "credit negative" for the water sector.
IFC invests in BEWG to boost water and wastewater treatment businesses in China
IFC, a member of the World Bank Group, is leading a $300 million financing package for the Beijing Enterprises Water Group to support the group’s environmental water businesses and promote sustainable economic development in China.
Water firms warn government and Ofwat not to undermine investor confidence
Water UK has warned the Government and water sector regulator Ofwat not to act in ways which might undermine the confidence of investors, following the publication yesterday of a report by the Public Accounts Accounts Committee which was highly critical of Ofwat.
Water companies must protect finances against errors by new Market Operator
Utilities software specialists, Gentrack, have warned businesses are risking their financial futures if they fail to put systems in place to protect themselves against errors by the new water industry Market Operator when the retail market opens in April 2017.
Fitch: proposed change to Welsh Water’s structure will not result in ratings change
Fitch ratings agency has confirmed that the proposed change to Welsh Water’s Dwr Cymru's structure will not result in a change to the debt ratings.
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.
Expert Focus
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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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