AFFINITY ANNOUNCES RECEIPT OF £150M EQUITY

Affinity Water Finance PLC

17 February 2026

 

Affinity Water Finance PLC

(the "Company")

£10 million of 1.024% Sterling Denominated Retail Price Index-Linked Bonds due 2033

£60 million of 2.699% Sterling Denominated Fixed Rate Bonds due 2033

£250 million of 4.5% Sterling Denominated Fixed Rate Bonds due 2036

£350 million of 6.25% Sterling Denominated Fixed Rate Bonds due 2040

£85 million of 3.278% Sterling Denominated Fixed Rate Bonds due 2042

£60 million of 0.23% Sterling Denominated Consumer Price Index-Linked Bonds due 2042

£190 million of 1.548% Sterling Denominated Retail Price Index-Linked Bonds due 2045

issued by the Company and guaranteed by Affinity Water Limited ("Affinity")

AFFINITY ANNOUNCES RECEIPT OF £150M SHAREHOLDER EQUITY INJECTION

17 February 2026

Following Affinity's announcement on 17^th February 2025 that its shareholders had agreed to inject £150 million equity before 31^st March 2026, Affinity is pleased to announce that the equity injection has been received from its shareholders and shares have been allotted to them pro-rata to their current shareholdings. 

Affinity's comprehensive investment programme of £2.3 billion during 2025-2030 has been designed to ensure long-term sustainability, resilience, and affordability of our water services for the diverse communities we serve.  Our shareholders' equity injection will support this ambitious investment programme, enabling resilient delivery of high-quality, sustainable, and affordable water services for our customers while ensuring a balanced and sustainable capital structure which maintains strong investment grade credit ratings to underpin financial resilience and investment in essential infrastructure improvements for the benefit of our customers. 

ENDS

Notes:

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Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

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