No drought dividends for water firms
- From: Vol 6, Issue 7 (July 2005)
- Category: General
- Region: Europe
- Country:
- Related Companies: Barclays Capital, Denton Wilde Sapte and RWE/Thames (Water)
Below-average rainfall in south east England will not bring forward investment, although it may be an opportunity to increase metering.
Water companies in south east England will not be able to bring forward their capital works programmes to help combat looming water shortages in the region – because such a crisis does not meet legal requirements for the interim tariff reviews that would be needed to finance such action.
Some of the big integrated water and sewerage companies have substantial programmes ...
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