Finance and investment

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Southern underperforms against key AMP7 targets

Southern Water's interim results for the first six months of 2021/22 show the business is behind on a series of key targets and has already exceeded its annual maximum number of sewer flooding incidents following a particularly wet summer season. The company, which welcomed a new majority shareholder in September when Macquarie invested more than £1 billion, has set out it strategies to improve across all indicators.

4 years ago

Investor pressures SSE to split renewables and networks

4 years ago

Ofwat mulls protections against ‘risky’ financial structures

Ofwat has set out options to protect customers from water company financing risks as part of a consultation following its financial resilience report last month. The regulator has proposed measures including raising the minimum standards of credit quality, strengthening expectations on dividend payments being linked to performance and increasing transparency.

4 years ago

Ofgem confirms record RO mutualisation of £218m

4 years ago

Thames admits ‘long way to go’ with transformation programme

4 years ago

Thames Water shareholder buys another 9%

4 years ago

World’s largest offshore wind farm reaches financial close

4 years ago

Ofwat concerned about finances of SES, Southern and Yorkshire

4 years ago

Elexon to raise credit assessment price to new high

4 years ago

EDF agrees to buy all power from Sofia offshore wind farm

4 years ago

Centrica secures stake in ‘turquoise’ hydrogen startup

4 years ago

Net zero ‘at risk’ unless grants cover whole cost of home upgrades

4 years ago

Are the promised heat pump cost reductions a lot of hot air?

4 years ago

Too big to fail is a dangerous maxim

4 years ago

Good Energy to sell entire generation portfolio

4 years ago

Smaller suppliers would be ‘mad’ not to question future in retail market

4 years ago

PPAs signed for Dogger Bank C offshore wind farm

4 years ago

Bulb failure: Government must now live with its ‘mess’

4 years ago

Bulk of state funding for nuclear remains ‘unallocated and unknown’

4 years ago

Bulb to enter special administration

4 years ago

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