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Displaying items by tag: company debt

DEFRA ADDRESS PLATEThe Department for Environment, Food and Rural Affairs (Defra) has set out how it estimated that nationalising the water industry would cost approximately £100 billion.

SURFERS AGAINST SEWAGE WATER QUALITY REPORT APRIL 2025Campaigning organisation Surfers Against Sewage has today published its latest Water Quality Report, saying that the report reveals that “sewage is being dumped into our rivers and seas on a scale that defies belief.”

Published in Water Issues

THAMES WATER HQThames Water Utilities Ltd has announced that the waiver contained in its STID Proposal (security trust and intercreditor deed) dated 20 December 2024 has been approved.by its majority Class A creditors.

Published in Finance and Risk

SP AMP8 REPORT TABLE OCT 2023S&P Global Ratings says that proposed bill increases set out in AMP8 business plans "stand in stark contrast" to the previous two price control periods AMP 6 and 7 when the focus was on customer bill reduction.

Published in Finance and Risk

fitch ratingsFitch Ratings has downgraded Thames Water’s holding company Kemble Water Finance Limited's (Kemble) Long-Term Issuer Default Rating (IDR) to 'B' from 'B+' and senior secured debt rating to 'B' from 'B+'. The Outlook on the IDR is Negative.

Published in Finance and Risk

MOODYS INVESTOR SERVICEMoody’s Investor Service is forcasting a stable outlook for UK water companies over the next 12 to 18 months. 

Published in Finance and Risk

Environment Secretary Michael Gove launched a wide-ranging attack on the water companies yesterday warning them they would need to raise their game on financing structures and operational performance, particularly leakage and pollution, or "face the consequences".

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