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...Lucy Nethsingha, Liberal Democrat leader of Cambridgeshire county council, said that water companies had a poor record of delivering on their promises....
...The board of Thames Water, Britain’s largest water company, was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about £3bn of fresh equity that is necessary for...
...Thames Water also requires a further £2.5bn before 2030 to fund its investment plan and maintain assets. Ofwat has told the board to “pursue all options to seek further equity”....
...that ministers put pressure on Ofwat to meet the company’s demands, some were privately hoping it would allow various “regulatory easements” such as reduced fines and higher bills to keep shareholders on board...
...The mess prompted Prosus, Sequoia and the Chan Zuckerberg Initiative to resign from the board and try to oust Raveendran at an extraordinary meeting last month....
...A new constitution in 2010 gave more power to Kenya’s counties, including the management of water....
...Lucy Nethsingha, Liberal Democrat leader of Cambridgeshire county council, added that Gove’s top-down intervention risked making development slower, not faster....
...Another indebted rival, Southern Water, secured a new backer in 2021. Frankly, Thames’ board lacks the restructuring nous to handle this end-game....
...At Anglian Water, our “alliancing” model brings on board partners and drives an integrated approach to project delivery....
...The thirst for power and water of the server farms needed to run generative AI is even more intense....
...Taiwan’s coastguard has defended its pursuit of the Chinese vessel, saying the boat trespassed into waters near Kinmen declared as restricted by Taipei....
...In a statement on Friday, Thames Water said Montague’s resignation from Kemble was a “personal decision”, and that he “believes the time is right solely to focus on fully supporting the board and executive...
...That’s more than double the average for both the city of Chichester to its north (around £443,000) and the county of West Sussex (£449,000)....
...Marc FilippinoRichard Waters is our tech writer at large. He covers all things tech. Thanks, Richard. Richard Waters Well, it’s a pleasure....
...Paris had attempted to water down the law even more last week, despite having secured concessions on the banking sector in December....
...richard.waters@ft.com...
...Tesla has been forced to go back to the drawing board after residents of the east German town of Grünheide, the site of its only European assembly plant, overwhelmingly rejected a plan to massively expand...
...about sustainable ranching practices and local wildlife, eating clean, delicious food, and constellation-spotting at night (the skies are exceptionally clear here). alisalranch.com, from $613 for two, full board...
...It announced plans to slash its dividend by 95 per cent in order to cut its debt, appointed activist investor Jeff Ubben (who is a shareholder) to its supervisory board, and has embarked on a lobbying effort...
...Weston was previously at Centrica, where he was managing director of international downstream and a member of both the board and executive committee....
...Thames Water has appointed Chris Weston, former head of power supplier Aggreko, as its chief executive, as the UK’s biggest water company faces scrutiny over its financial health and probes into its treatment...
...The gloom stemmed from another more local problem, said Jeffrey Turner, the chair of Clayton County’s board of commissioners — the cost of housing....
...HRM says on its website that the company “leads the oil and gas industry in our commitment to protecting the air, water and land that surrounds our operations” and consistently exceeds regulatory requirements...
...South African municipalities also owe the country’s water boards almost R18bn ($959mn), hampering their ability to carry out upgrades....
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