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.
Water companies object to Ofwat proposals on stress testing business plans
A majority of the 18 water companies who responded to Ofwat’s recent consultation for a financial monitoring framework have rejected a proposal for companies to perform stress testing on their forward looking business plans and to publish the results to demonstrate that they were financially resilient over the longer term.
Fitch to stop ratings and analytical coverage for Northumbrian Water Ltd
Ratings agency Fitch has said it will no longer provide ratings or analytical coverage for Northumbrian Water Limited as the issuer has chosen to stop participating in the ratings process for commercial reasons.
News Showcase
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Enpure Ltd and Clean TeQ Water Ltd in new collaboration for Moving Bed Ion Exchange-based nutrient removal
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK. -
BactoSense ID cuts wastewater and bathing water bacteria testing from days to minutes
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies. -
ABB launches digital platform for optimizing operation of water networks
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations. -
Safe access solutions a key requirement for water sector and other Critical Infrastructure Providers
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Expert Focus
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Other Latest News
- United Utilities awards £1.5 million AMP8 contract for leakage detection and repair for biogas facilities
- Affinity Water makes c£728,000 direct contract award for supply of No Dig Injection System and Solution
- Yorkshire Water tenders £multi million pound contract for MEICA Services framework
- United Utilities completes £50 million investment in Bury to help improve water quality in River Irwell
- MPs on EFRA Committee to explore options for future of water company ownership in England
- Guardian report on Thames Water – Burnham asks advisers to “rip up” current plans and suggest “more radical options"
Watch
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Southern Water showcases last footage inside Yew Hill Reservoir before filling
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water. -
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.
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