Moody’s ratings agency is warning in a report published today that pressure from Ofwat, including possible licence changes, could force highly leveraged companies to seek fresh equity ahead of what the ratings agency expects to be a tough price review in 2019.

Ofwat’s chairman, Jonson Cox, has today called on the water sector to “hit refresh and offer a renewed commitment to customers”.

Ahead of next week's World Water-Tech Innovation Summit in London, Guy Ledger, Client Director at Atkins provides the inside track on direct procurement ahead of the session he will chair: Getting Deals Done with Innovative Procurement Models.

OMERS Infrastructure Management Inc. has today announced the purchase of an additional 4% interest in Kemble Water Holdings Ltd, the ultimate holding company of Thames Water Utilities Ltd.

A new report from the National Audit Office on the Private Finance Initiative says that future annual charges for operational PFI contracts which continue until the 2040s amount to £199 billion, even if no new  deals are entered into,

Ratings agency Moody’s has changed its outlook for the UK water sector from stable to negative for the first time since first published in 2004.

Moody’s has either maintained negative outlooks for five UK-based regulated water utilities and changed one high-yield holding company - the ratings agency’s actions relate to the companies it considers most exposed to the likely cut in allowed returns from 2020.

The Consumer Council for Water (CCWater) is today calling on Ofwat to stick to its promise to set the lowest ever cost of capital for the water industry for the 2019 Price Review.