96 articles about "Yorkshire Water"
Rising debt service bills crimped mid-year profit margins at many of the UK’s water and sewerage companies. A tough price review could put dividends under further pressure.
The company wants to optimise the way it manages its bioresources by building a more diverse set of relationships with third parties. It is starting from a position of artificial inefficiency.
Joined-up thinking could mean the sewer blockages facing Thames Water could be turned into an opportunity, says David Lloyd Owen.
As monopolies, water utilities have never had to worry too much about the wider benefits their interventions have on society at large. The sector’s first ‘social bond’ is set to challenge that notion.
An industry workshop on 9th October will give UK water players the opportunity to engage with the regulator to shape its vision for how future water projects could be financed off-balance sheet. What are the key points of contention?
Severn Trent’s AMP7 tender has reignited debate over the shape of client-contractor relationships in the next asset management period. Some will fare better than others.
There are a mix of infrastructure funds, buy-out funds, and growth investors backing the water sector. Who are the main players?
Unfavourable currency movements and increasing regulatory pressures are convincing more and more foreign holders of UK water assets to consider moving on. Who will pick up the slack?
- The Agbar group, Suez’s subsidiary in Spain, is fighting to defend its dominant position on home ground in Catalunya as opposition to private sector management of water services grows in the wake of the Catalan government’s botched ATLL concession...
- Kelda, the holding company for Yorkshire Water in the UK, has put its non-regulated business up for sale. The £100 million-a-year business has three main subsidiaries operating long-term contracts in England, Scotland, and Northern Ireland, and also owns anaerobic digestion plants in Edinburgh and Cardiff. The move has reignited speculation over the future of...
- Kelda’s ownership structure has been remarkably stable since being taken over back in 2007, even while trade has been brisk in slugs of privately held equity in a number of the other regulated UK water companies, often at multiples well in excess of their regulatory asset value. This month alone, Hastings Fund Management took its stake in South East Water up to 100%, Morgan Stanley announced...
- Ironically, it is Macquarie which seems to be having the most trouble as it seeks to offload its remaining stake in Thames Water. Earlier this month, the Australian fund manager attempted to rekindle interest in...
Foreigners bail out of UK water as political and regulatory concerns threaten valuations Vol 17, Issue 11 (November 2016)
The impending exit of a number of high-profile foreign investors from the UK regulated water market coincides with one of the greatest periods of uncertainty the sector has faced since privatisation. Who will be next to sell?