United Kingdom

862 articles in United Kingdom

Moody’s warns over regulatory divergence Vol 19, Issue 6 (June 2018)

Ofwat’s suggestion that UK water companies share financial outperformance with customers could weaken the sector’s credit quality.

UK water sector severs its ties with the Cayman Islands Vol 19, Issue 6 (June 2018)

The removal of Cayman Islands financing vehicles from UK water company structures looks like a colossal waste of billpayers’ cash.

ODI penalties hit home for UK water groups Vol 19, Issue 6 (June 2018)

Higher financing costs and performance penalties have taken the edge off the UK results season so far. Who came off worst?

Poileataigs translated Vol 19, Issue 6 (June 2018)

  • Three UK water companies have bowed to political pressure and moved to close financing subsidiaries based in the Cayman Islands. Although the move will...
  • The English water companies have also begun to report their full-year results – and there is clear evidence that performance- based fines imposed by...
  • As Argentina negotiates its $50 billion IMF bail-out, President Mauricio Macri moved to veto a water tariff cut proposed by...
  • Egypt’s water minister has been promoted to prime minister, and moved quickly to introduce...
  • Spain’s new socialist minority government is under pressure from the irrigation lobby to build more desalination plants. Meanwhile, the European Commission is proposing...
  • Meanwhile, President Trump’s proposals for tariffs on steel and aluminium are creating difficulties for...

UK water faces new calls for resilience Vol 19, Issue 5 (May 2018)

The sector has come under mounting political pressure to invest for the future.

Yorkshire Water sale process inches forward Vol 19, Issue 5 (May 2018)

Two of Kelda’s shareholders are offering a majority stake in the company. What sort of premium could it attract?

Europe in brief Vol 19, Issue 5 (May 2018)

A newly formed joint venture between Kinetix Corporate Finance and Critchleys will focus on environmental technologies in the spheres of energy, water and food resource efficiency.

Ancala expands its water footprint in the UK Vol 19, Issue 4 (April 2018)

The London-based infrastructure investor has taken on both regulated and non-regulated water assets in the UK. Where can it go next?

Ofwat sets out its strategy for curbing excessive returns Vol 19, Issue 4 (April 2018)

The regulator’s incumbent chairman was one of the major beneficiaries of financial engineering when he served as CEO of Anglian Water. Now he is under pressure from government to ensure companies share any financial outperformance with customers.

UK valve start-up targets ambitious growth Vol 19, Issue 4 (April 2018)

A new funding round will enable university spin-out Oxford Flow to reach a larger customer base. It is already eyeing more capital.