New Price Controls to Weigh on UK Water Ratings from 2019
Power / United Kingdom / Mon 18 Dec, 2017
The new price control methodology which will apply for water companies in England and Wales from April 2020 is credit-negative for the sector as it will increase both financial and business risks, Fitch Ratings says. The latest AMP proposals include the industry regulator's (Ofwat) early view of the much reduced cost of capital, reflecting the