United Kingdom

791 articles in United Kingdom

Resonance fires up industrial water fund Vol 16, Issue 9 (September 2015)

A new fund backed by a veteran team of water professionals is looking to tap into a niche segment of the market by investing in industrial water assets. Where will the deal flow come from?

Deeply in debt to Bazalgette Vol 16, Issue 9 (September 2015)

The project company responsible for delivering the Thames Tideway tunnel has only raised half the capital it needs. What are its options going forward?

Europe Water In Brief Vol 16, Issue 8 (August 2015)

Dutch engineer Royal Imtech’s shares fell through the floor in the lead-up to the company’s bankruptcy, which was declared on 13 August.

Thames Tideway funding gathers momentum Vol 16, Issue 7 (July 2015)

The appointment of a preferred equity provider for London’s super-sewer foreshadows an expected financial close next month. The structure of the funding package allows for capital markets activity further down the line.

Bristol Water feels the pinch after CMA clampdown Vol 16, Issue 7 (July 2015)

A largely futile appeal to the competition authorities against Ofwat’s price determination for the current asset management period could prove costly for the water-only company. Just how vulnerable is it?

Europe Water In Brief Vol 16, Issue 6 (June 2015)

The £265 million acquisition of Mouchel by Kier Group was completed on 8th June, just days after Kier launched a heavily discounted rights issue.

Mapal set to test UK tech investor appetite Vol 16, Issue 6 (June 2015)

The Israeli wastewater treatment technology firm is looking to raise capital via a listing on London’s alternative investment market. It joins a long list of water tech flotations, but will the burden of going public prove too high?

YW’s fresh take on derivatives Vol 16, Issue 6 (June 2015)

Following a ratings downgrade in April, Yorkshire Water has reduced the near-term risk in its swaps portfolio. The solution did not come cheap.

Thames Tideway faces new delay Vol 16, Issue 6 (June 2015)

Has the UK government had second thoughts on the mega-tunnel project?

UK water struggles to rein in bad debt Vol 16, Issue 6 (June 2015)

The full-year figures from the regulated UK water industry were marred by increases in bad debt provisions at the two biggest companies in the sector. Will things get worse before they get better?