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Finance and Risk

The European Investment Bank (EIB) is providing a €420 million loan to Águas de Portugal (AdP) and its operating subsidiaries to finance investments in water infrastructure in Portugal.

A report commissioned by Affinity Water, Anglian Water and Northumbrian Water has raised serious concerns about Ofwat’s approach to total market returns, suggesting that it could have serious implications for the financing of the 2020-25 upcoming AMP7 investment programme.

LES HOUCHES HYDROA Macquarie-led consortium has successfully completed the acquisition of the UK Green Investment Bank Ltd from the UK Government for £2.3 billion.

The European Commission is to provide €69 million of EU funds for upgraded water management networks in Slovenia.

Anglian Water has made financial history this week with the issue of the first ever utility sector Sterling (GBP) Green Bond - the £250 million Bond will finance a range of activities that support its ambitious Love Every Drop sustainability strategy.

 The UK Government is consulting on plans announced today for a new National Investment Fund to help cutting-edge British start-ups become world-leading unicorns – innovative firms valued over $1 billion USD. 

Thursday, 27 July 2017 06:03

USS acquires 11% stake in Thames Water

Universities Superannuation Scheme Ltd, the sole corporate trustee of one of the UK’s largest pension funds, has agreed to acquire a combined 10.94% stake in Kemble Water Holdings Ltd, the ultimate holding company of Thames Water.

Borealis Infrastructure, the infrastructure investment manager of OMERS, the pension plan for municipal workers in Ontario, Canada, has today announced the purchase of an additional 5.5% interest in Kemble Water Holdings Ltd, the ultimate holding company of Thames Water.

Bazalgette Finance plc has announced that Bazalgette Tunnel Ltd, the company responsible for the construction of the Thames Tideway Tunnel, has signed an agreement with four institutional investors from the US for the placement of £300 million notes with maturity date 2032.

One of Europe's largest environmental projects is to receive additional support from the European Investment Bank (EIB) - the bank is providing a further EUR 450m loan to Emschergenossenschaft for the large-scale rehabilitation of the river system.

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