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...The writedown is also more than double the cut taken in percentage terms on Thames Water in 2022 by the utility’s biggest investor, the Ontario Municipal Employees Retirement System, one of Canada’s biggest...
...“The UK water utilities are presented as boring and low risk, but we can see they have large swings in value,” he said....
...Rome has a stake of about 24 per cent in the utility....
...The cost of food, utilities and rent have all skyrocketed, incurring pain for most Turkish households....
...If you’re rich, is it better to live with your financial peers — or should you try to rub along with those of lesser means who are more concerned about utility bills than CGT?...
...“Infrastructure investment came to the US in the early 2000s and it was dominated by a handful of people who were mostly project finance, utilities and municipal bankers,” says one senior industry executive...
...Among them were Canadian pension fund Ontario Municipal Employees Retirement System, as well as the Abu Dhabi and Chinese sovereign wealth funds....
...Its largest shareholder is now the Ontario Municipal Employees Retirement System, with a 31 per cent stake....
...The American Public Gas Association, which represents municipal-owned utilities, said the bills “prevent the regulatory assaults on gas-cooking products that would significantly impact the direct use of...
...And Saunteel Jenkins, CEO of The Heat and Warmth Fund, which helps with utility bills, says the number of Detroit families needing utility assistance is still going up....
...The turmoil at the top of Thames Water has left the UK government scrambling to prepare contingency plans in the event of the collapse of the heavily indebted utility....
...“So we collaborated with energy utilities, which integrated our solution into their services and, as a company, we secured public grants from municipal governments like Hamburg, allowing us to successfully...
...UK water utilities, under pressure from rising inflation and increasing regulatory scrutiny, are labouring under £60bn of debt....
...There are also wells, so water can be pumped from underground, and the plant is connected to the nearby municipal water supply.”...
...But critics say climate-related issues have been exacerbated by chronic under-investment in infrastructure by utility companies....
...We've been called a really balkanised electric system, which means there's a lot of different players, whether they're for-profit utilities, non-profit, co-ops, and municipals, the public power side of it...
...But a new financial sinkhole has emerged in large water utilities serving cities like London....
...Its largest shareholder is Ontario Municipal Employees Retirement System, with a 31 per cent stake....
...Consider KKR’s controversial ownership of the municipal waterworks of the city of Bayonne in New Jersey....
...The main themes for this week’s results are retail (Marks and Spencer, Gap, Best Buy, Abercrombie & Fitch and Kingfisher), utilities (SSE, Severn Trent and United Utilities) and tech (Nvidia)....
...The San Francisco Municipal Transportation Agency, which oversees street transport, has called for the rollout to slow down....
...“Without this relief, our customers, including many municipal utilities, would inevitably have faced an even higher wave of costs,” said Maubach....
...By 2035, EU member states will only be permitted to bury up to 10 per cent of their municipal waste — a target that only nine of the 27 member states had met as of 2020....
...All over the Finnish capital, Christmas lights have only been switched on for limited periods and thermostats in municipal buildings have been turned down to 20C — the lowest recommended temperature for...
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