Mid Kent Water
51 articles about "Mid Kent Water"
David Lloyd Owen reviews the progress of the Pinsent Masons Water Yearbook’s first eleven, and recommends some holiday reading.
In the new edition of the Pinsent Masons Water Yearbook, David Lloyd Owen finds that there are still hurdles for international private water operators, despite a jump in the number of contracts awarded.
The infrastructure funds of US investment banks are falling over themselves in the race to buy regulated UK water assets. RBS may still be forced to lower its price expectations.
South West Water has become the first UK water company to issue an unrated 50-year bond. It could pave the way for others to enter the market.
Southern Water’s latest bond issue leaves potential purchasers with limited balance sheet flexibility. It could mean owner RBS gets less for the asset than it had bargained for.
Security of supply in the face of climate change has forced the issue of new reservoirs up the agenda. They will have to be much more than just water storage facilities.
* The spate of full-year results announcements from the listed UK water groups were followed by those of the major privately-held companies.
Profit growth at the listed UK WASCs has re-ignited take-over rumours within the sector. There are, however, other assets to chase.
* It looks like Norit squeezed a spectacular price from private equity investor Doughty Hanson for a majority stake in the Dutch filtration company (see story p18)
* In early March, the UK Competition Commission published its provisional findings on the proposed merger of South East Water and Mid Kent Water.