Affinity Water achieves industry’s ‘largest leakage reduction’

The 15% fall has been achieved for the five years to March 2020, in addition to achieving the lowest ever levels of leakage for 2019/20

Affinity Water chair and CEO to quit

Affinity Water has announced its chief executive and chair will both be stepping down from their roles. Dr Philip Nolan will remain as Chairman until his successor is found while Simon Cocks will leave his post before the end of 2018. Mr Cocks will however be part of Affinity Water as a Non-Executive Director. He […]

Affinity Water to be sold for £1.6bn

A water company that supplies around 3.6 million homes and businesses in the UK is being sold for £1.6 billion. Morgan Stanley Infrastructure and Infracapital announced the sale to a consortium which includes Allianz Capital Partners, HICL Infrastructure Company Limited and DIF Infrastructure. Under the deal, the consortium will get a 90% stake from the […]

Water bill drops get thumbs up from Ofwat

Two water companies have been given an effective ‘thumbs up’ from the regulator Ofwat for their business plans – which both include a drop in water prices. South West Water and Affinity Water are the only ones to win draft approval so far because they handed in plans which didn’t need extra evidence to back […]