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Is it Crunch Time?
Ofwat is approaching the conclusion of its 2024 price review; potentially the regulator’s greatest test since the sector was privatised. Significant investment needs imply steep bill increases, sizeable equity injections and additional debt. But water companies attract ever more scrutiny and negative press coverage around operational performance, borrowings and dividends. Thames Water is now “uninvestable” according to shareholders and speculation around Special Administration for the largest water company is rife.
Join speakers from Barclays, British Water, First Economics, Flint Global, Latham & Watkins, M&G, Ofwat, Surfers Against Sewage, United Utilities, Water UK and Moody’s to discuss:
- What do regulators and policy makers want?
- Will PR24 deliver a ‘fair bet’ to underpin investment?
- Can companies meet public expectations?
- Supply chain constraints
- What would Special Administration mean?