Thu, Sep 25, 2025
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Displaying items by tag: ODIs

FITCH RATINGS UK WATER IN AMP8 NAVIGATING CHALLENGES MAY 25The water companies in England and Wales face significant operational and financial challenges during the 2025-2030 AMP8 investment period, according to a new report from Fitch Ratings on the UK water sector.

Published in Finance and Risk

NAO REPORT Regulating for investment and outcomes in the water sectorThe National Audit Office (NAO) has today published a highly critical report saying that the Department for Environment, Food and Rural Affairs (Defra) and water regulators have failed to drive necessary investment for the sector, which now faces significant environmental, supply and infrastructure challenges.

FITCH RATINGS LOGO 360 X 126Fitch's UK Water lead analyst Yeshvir Singh, Senior Director at Fitch Ratings explains why Ofwat’s Final Determination (FD) for the AMP8 regulatory period April 2025 to March 2030 marks a key milestone for the assessment of the UK water sector’s regulatory framework.

Published in Finance and Risk

BANK OF ENGLAND  THE CITY 1Fitch Ratings has downgraded Southern Water (Finance) PLC (SWF) senior secured class A debt rating to 'BBB-' from 'BBB' and placed it on Rating Watch Negative (RWN) – SWF is the financing company of Southern Water Services Ltd (SWS).

Published in Finance and Risk

FITCH RATINGS UK WATER - RELATIVE CREDIT ANALYSIS JUNE 2024The UK water sector's total expenditure (totex) is likely to more than double in the upcoming AMP8 2025-2030 regulatory period, according to Fitch Ratings latest UK Water - Relative Credit Analysis report released this morning.

Published in Finance and Risk

SEVERN TRENT LOGOSevern Trent Plc is anticipating “at least £50 million in ODI rewards this year”, according to its latest trading update for the period to 13 February 2024.

Published in Company News

OFWAT ODI SECTOR WIDE ODI FINAL DETERMINATIONSOfwat is today confirming the financial penalties and payments for all water companies for the 2022-23 year, with the majority of companies having to return money to customers. Thames Water will return the most to customers, with a final determination of £73.8 million.

OFWAT COLLABORATE CUSTOMER RESEARCH  ODI RATES PAPER 24 AUGOfwat has published a new paper setting out how it has used collaborative customer research to set Outcome Delivery Incentive (ODI) rates for the 2024 price review (PR24) in which the regulator acknowledges the limitations of the data collection process.

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

Customer bills 1Thames Water will have to return £51 million to its customers and Southern Water almost £30 million after missing key performance targets.

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