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Bristol Water PLC (BWRA)

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Thursday 19 March, 2020

Bristol Water PLC

Statement re Final Determination by Ofwat

RNS Number : 8638G
Bristol Water PLC
19 March 2020
 

RNS Announcement

BRISTOL WATER PLC

Final Determination by Ofwat for Bristol Water plc - Ofwat makes referral to the Competition and Markets Authority

Ofwat published its Final Determination for Bristol Water plc on 16 December 2019 setting out Ofwat's final determination of the allowed revenues and service delivery targets for Bristol Water plc in the next five year regulatory period commencing on 1 April 2020 and ending on  31 March 2025 ("AMP 7"). 

On 13 February 2020 Bristol Water asked Ofwat to refer its Final Determination to the Competition and Markets Authority ("CMA"). Ofwat submitted its referral to the CMA today. The CMA will now undertake a review and reach their own determination of the allowed revenues and service delivery targets for Bristol Water plc for AMP 7.

19 March 2020

For further information contact:

Helen Hancock, Company Secretary +44 (0) 117 934 1108 or +44 (0) 7976 7318147

LEI Number 549300V0DVQGSADLDB82

 

 


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