Moody’s - Water Act competition measures 'credit negative' for English water firms
Credit ratings agency Moody’s is warning that measures in the Water Act 2014 which provide a basis for increased competition are a credit negative for the English water and sewerage companies.
FTSE fossil -fuel free Index will help manage climate change investment risks
The launch of the first equity global index series that will exclude companies linked to exploration, ownership or extraction of carbon-based fossil fuel reserves will provide a new investment tool allowing climate-conscious investors to match their investment strategy and financial interests with their values.
IFC and Bank of China fund $30m loan for Dubai-based water treatment firm
IFC, a member of the World Bank Group, is arranging a $30 million syndicated loan to a leading Dubai-based water and wastewater treatment company to help expand essential services in the Middle East and North Africa (MENA) and Asia.
IPO report shows UK knowledge investment continues to grow
New figures published today in a report by the Intellectual Property Office show that UK business is building success through ‘knowledge’ and ‘creative assets.’
Move by Norway sovereign wealth fund to invest in renewables could have 'global impact'
The government of Norway will mandate the country's sovereign wealth fund, the largest in the world, to invest in renewable energy.
Italy and EIB sign €115m deal for hydropower programme
The European Investment Bank (EIB) and Italian multi-utility A2A have signed a 15-year €115 million loan agreement to finance integrated waste management and hydropower investments.
Civil engineers call for long-term funding for infrastructure
One of the UK’s leading civil engineering associations has called for long-term funding for infrastructure following this morning’s announcement that the Government is to provide additional money to fix weather-damaged roads.
Fitch warns tougher price controls may pressure UK water companies' ratings
Ratings agency Fitch is warning that the UK water regulator's new approach to setting price controls reduces earnings visibility and is likely to put pressure on some credit ratings.
Moody's warns highly geared UK water companies most exposed to cuts in returns
According to Moody's Investors Service, recent Ofwat guidance indicates a significant reduction in allowed returns for UK water companies, with Anglian Water, Thames Water, Yorkshire Water and Southern Water particularly at risk.
EBRD, EIB and EU finance €59 million improvements to water services in Moldova
The European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD), and the European Union, through the Neighbourhood Investment Facility, are joining forces to support the modernisation of water and waste water infrastructure in Moldova’s capital, Chisinau.
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
- 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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