Research warns utilities are complacent on financial risks from suppliers
New research is warning that utilities companies worldwide, including in the UK, are experiencing problems caused by suppliers’ failures in health and safety and financials – yet they are still confident they are adequately managing supplier risk.
Climate change:new risk demands action by investors, cautions new research
A new report from Mercer modelling the potential impact of climate change on investments, has found investors cannot ignore the implications for investment returns.
European bank provides £530m loan to Severn Trent Water
Europe’s long-term lending institution, the European Investment Bank, has agreed a new £530 million long-term loan to support Severn Trent’s five year AMP6 investment programme.
EIB lends €100 million to Flemish wastewater operator
The European Investment Bank (EIB) and the Flemish utility TMVW (Tussen-gemeentelijke Maatschappij der Vlaanderen voor Waterbedeling – Inter-municipal Association for Water and Sanitation) have signed an agreement for a loan worth €100 million for local wastewater infrastructure in the Flemish region.
Moody's places Yorkshire Water's ratings under review for downgrade
Moody's Investors Service has placed the Baa1 corporate family rating of Yorkshire Water Services Limited on review for downgrade, primarily reflecting what it describes as the rising risk associated with the company's significant derivatives portfolio.
IFC invests $35m in Everbright Water to boost wastewater treatment in China
IFC, a member of the World Bank Group, has agreed to invest $35 million in China Everbright Water Limited, one of China’s emerging wastewater treatment companies, to support the company’s expansion, helping save freshwater and reduce pollution in China.
New EU funding to address climate and biodiversity challenges, inc floods
Two new financial instruments that aim to encourage greater private sector involvement in schemes that contribute to the twin climate priorities of reducing energy use and conserving natural capital, especially biodiversity, in Europe have been launched this week.
UK economic regulators publish update on cost of capital project
The UK Regulators Network(UKRN), which lists Ofwat amongst its members, has published a new information paper on its ongoing cost of capital project.
EC:new fund to generate €315 bn in Investment Plan for Europe
The European Commission has this week adopted the legislative proposal to set up the European Fund for Strategic Investments (EFSI) as part of its Investment Plan for Europe that will unlock €315 billion in public and private investments in the EU economy.
EIB backs hydropower plants upgrades in Ebola-hit Guinea
The European Investment Bank has agreed to support crucial investment to upgrade hydropower energy infrastructure in the West African state of Guinea.
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
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- 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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