Water Tech AI firm raises further funding to accelerate business expansion
FIDO AI Ltd – the software company helping to rapidly improve global water resilience using AI-led non-revenue water (NRW) reduction and curated water data insights - has announced that it has raised Series B funding required to further scale its business.
Directors of Thames Water Utilities Holdings Ltd assess fair value of subsidiary company Thames Water as nil
The Directors of Thames Water Utilities Holdings Ltd (TWUH) have assessed the fair value of Thames Water as nil, according to Thames Water Utilities Holdings Ltd's Annual Financial Statements for the year ended 31 March 2024 published this morning.
S & P downgrades Thames Water debt again - “We believe Thames Water is now facing an acute near-term liquidity shortfall”
S&P ratings agency has again cut the rating on Thames Water’s £16 billion of debt by five notches – further deepening the water company’s ongoing financial crisis.
Moody's Ratings downgrades Thames Water's CFR to Caa1, negative outlook
Moody's Ratings has downgraded Thames Water again - the rating action follows Thames Water's announcement on 20 September 2024, that most of its liquidity would expire by December 2024, and accessing remaining liquidity will require creditor consent.
Global investors warn Government over UK infrastructure investment prospects as Thames struggles to find funding in face of £16.5 billion debt
Global investors have warned the Government over the prospects of attracting major infrastructure investment in the UK’s regulated utilities sectors in the light of Thames Water’s ongoing financial crisis, according to a front page report in the Business& Money section of yesterday’s Sunday Times.
Private equity firm FFL Partners sells investment in Ovarro to Indicor LLC
Private equity firm FFL Partners announced that it has agreed to sell its investment in Ovarro, a leader in critical infrastructure technologies, to Indicor, LLC a leading diversified industrial company specializing in mission-critical technologies across various niche markets.
Wessex Water warns Ofwat Draft Determination puts its ability to retain and attract investment at risk
Wessex Water is warning that Ofwat’s Draft Determination (DD) on its AMP8 Business Plan puts its ability to retain and attract investment at risk.
Owners of Northumbrian Water admitted to Main Market of London Stock Exchange
Owner of Northumbrian Water Group CK Infrastructure Holdings Ltd has been admitted to the Main Market of the London Stock Exchange.
Export Development Canada incurs significant losses after lending as much as a billion Canadian dollars to Thames Water
Export Development Canada (EDC), Canada’s state-backed export credit agency has incurred significant losses after lending as much as a billion Canadian dollars to Thames Water.
Moody’s warns water firms in England and Wales could face £2 billion in penalties over next five years
Moody's Investors Service is warning that Ofwat’s Draft Determinations for the water companies in England and Wales AMP8 Business Plans increases the risk that sector returns may not be enough to attract the equity funding the companies need to support increasing investment.
News Showcase
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King’s Award for Enterprise shows ERG moving forward with growth in UK and Asia
ERG, the leading supplier of odour control systems and industrial gas cleaning & thermal systems, has been awarded the coveted King’s Award for Enterprise. -
Welsh Water’s ORAI system shortlisted for three categories at the British Data Awards 2026
Welsh Water’s new artificial intelligence-driven tool, ORAI, has been shortlisted for three categories at the prestigious British Data Awards 2026 – underscoring the company’s commitment to using cutting-edge technology to deliver better outcome for customers. -
Barhale completes two Rapid Action Taskforce Spills projects for Severn Trent
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent. -
Börger UK relocates to larger premises as sales continue to grow
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury.
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Other Latest News
- Severn Trent seeks supply chain input ahead of tendering AMP8 contract for Computer Aided Digital Design and Authoring Software
- University of Birmingham researchers way to remove toxic chemicals in wastewater using sunlight and molecular-thin catalysts
- EFRA Committee asks South East Water investors to comment on board and executive leadership and explain steps they will take to address water company failures
- Environment Agency updates Water Resources and Environmental Destination for Water Resources planning guidance
- South West Water completes targeted sewer upgrades in Croyde with two new projects to come
- United Utilities plants more than 10,000 trees at Lower Roddlesworth Reservoir
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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
- EFRA Committee asks South East Water investors to comment on board and executive leadership and explain steps they will take to address water company failures
- United Utilities seeks supply chain engagement ahead of future procurement of scheduling and metering software
- New CCW report examines how customers understand and experience financial information published by water companies
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