Canada Pension Plan Investments warns of “marked deterioration in the attractiveness of UK water as an investment proposition”
Canada Pension Plan Investments, the largest direct investor in infrastructure globally, is warning that over recent years - particularly in the period following the launch of the PR19 price review- there has been a marked deterioration in the attractiveness of UK water as an investment proposition.
PR19 appeals - investor expresses concern over Ofwat's "highly aggressive posture" and "threats of judicial review"
In the latest stage of the PR19 appeals inquiry, iCON Infrastructure LLP has written to the Competition and Markets Authority (CMA ) saying it is “deeply concerned” about “the highly aggressive posture adopted by Ofwat in response to the redeterminations generally, including threats of judicial review following the CMA’s Provisional Findings.”
Future asset management expertise required to drive step-change in water investment planning
UK Water Industry Research (UKWIR) is seeking help from both academics and asset management experts to take on a critical piece of research that helps improve future investment decisions in the water sector.
Moody's - 2021 outlook for UK water companies turns stable on certainty over allowed returns to 2025
The return to a stable outlook in 2021 for UK regulated water utilities reflects certainty around allowed returns and cost allowances over the five-year period from April 2020 (AMP7), according to a new research report published by Moody's Investors Service today.
Anglian Water founding signatory of HRH The Prince of Wales’s Terra Carta
HRH The Prince of Wales, has today announced the ‘Terra Carta’ – a charter that puts sustainability at the heart of the private sector, as part of the Sustainable Markets Initiative.
Water sector partnership sets natural capital approach principles for future investment decisions
The Water Industry Forum, working with Water UK’s Environment Policy Advisory Group members, through Welsh Water and supported by Atkins, has produced a set of principles to guide the water sector on the use and application of Natural Capital type approaches in investment decision making.
United Utilities seeks financial market input on potential credit support mechanism providers for £1bn Haweswater Aqueduct project
United Utilities has published a Prior Indicative Notice seeking financial market input to identify potential providers of a credit support mechanism for its £1 billion Haweswater Aqueduct Resilience Programme (HARP).
Green Horizon Summit opens today in London ahead of COP26 in Glasgow 2021
The Green Horizon Summit, the public and private finance initiative with the aim of mobilising capital by converting momentum into action ahead of COP26 which takes place in Glasgow in November 2021, opens today in London.
Moody's says UK water companies largely avoid credit impact of ESG factors - for now
Moody's ratings agency has said today while the credit impact of environmental, social and governance (ESG) factors on UK water companies has been limited so far, this is likely to change in the face of growing impacts of climate change and population growth.
Fitch Ratings warns UK water sector remains under pressure from tough price control and pandemic impacts
Fitch Ratings agency is warning that the UK water sector remains under pressure – factors that continue to weigh on the ratings include uncertainty around the Competition and Markets Authority appeals, operational delivery on total expenditure (totex) and outcome delivery incentives (ODIs) and pandemic-related bad debts.
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
- Scottish Water reports second best operational year on record - despite extreme weather
- Northumbrian Water set to start work on major £6 million investment to help reduce storm overflow spills in Newcastle
- Thames Regional Flood and Coastal Committee sets out strategy to manage flood and coastal erosion risk over next decade
- United Utilities welcomes £975 million investment boost to power North West growth
- 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
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.
Top Stories
- Scottish Water reports second best operational year on record - despite extreme weather
- Thames Regional Flood and Coastal Committee sets out strategy to manage flood and coastal erosion risk over next decade
- Ofwat confirms provisional approval of £3.4 billion of further funding for 13 water companies
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