This snapshot, taken on
, shows web content acquired for preservation by The National Archives. External links, forms and search may not work in archived websites and contact details are likely to be out of date.
The UK Government Web Archive does not use cookies but some may be left in your browser from archived websites.

Water today, water tomorrow
Abstract image of water

Capital restructuring

We have a duty to ensure that efficient companies can continue to finance their functions. A company's choice of capital structure is essentially a matter for the company and the capital markets. However we seek to ensure that a company’s customers are not exposed to undue risk as a result. This section provides our consultations on any material capital restructuring (such as moving from a corporate structure to a securitised structure) and any subsequent regulatory action. If licence amendments are required, then they are published via a statutory notice under S13 of the Water Industry Act 1991. Ultimately, the amended licence is made effective once agreed by the company and signed by Ofwat’s Chief Executive.

Page options

  • Return to top
  • Full Graphics