CMA appellants warn on inability to attract capital

Five companies – Anglian, Northumbrian, South East, Southern and Wessex – have submitted their Statements of Case to the Competition and Markets Authority (CMA). Thames’ appeal is currently on-hold.

All cite financeability as a key driver; that imbalanced risk and return ultimately expose them to the jeopardy of being unable to attract investment and therefore to deliver their programmes.

Asset health/capital maintenance is also a key argument, notably for Northumbrian, Anglian and Wessex. Resilience is also a recurrent theme, with water security risk the lynchpin of South East’s argument.

For more detailed coverage, see the April edition of The UK Water Report.