755 articles in United Kingdom
UK water companies posted modest profits in most cases, despite some uncertainty over Ofwat’s upcoming review.
David Lloyd Owen - Sunk or in the swim? Some new ideas about investing in water assets Vol 15, Issue 6 (June 2014)
Sunk or in the swim? Some new ideas about investing in water assets
Thames Water has issued a tender for the Tideway Tunnel Scheme, inviting bids for the contract to finance and operate the new sewer tunnel as an independent infrastucture provider.
Initial public offerings from Polypipe and Advanced Drainage Systems will enable investors to ride the nascent recovery in the UK and US construction sectors. Playing the wider market remains a challenge.
Australian pension fund State Infrastructure Holdings 1 Pty Limited has taken a 10% stake in Kelda Holdings, the parent company of Yorkshire Water.
After a long pause, there is finally a trickle of water-related IPOs in the market. Polypipe, the UK’s largest plastic pipe manufacturer, priced at 245p on 11 April valuing, the company at £490 million.
The regulator appears to have softened its stance towards UK water mergers.
The proposed Thames sewer tunnel is not considered ‘public’ enough to receive explicit government support. What are the implications for the project’s gearing?
The repercussions of the Thames Tideway sewer tunnel could be felt by all Thames Water’s bondholders.
Shares in one of the UK’s largest water and sewerage groups sold off earlier this month as the regulator disagreed with its inflated spending plans.