en.Wedoany.com Reported - UK water company Affinity Water has published its AMP8 business plan for 2025-2030, encompassing £2.3 billion in investments aimed at maintaining high-quality drinking water supply, enhancing resilience, and improving environmental performance. The plan is designed to support long-term water security while addressing growing water stress.
Financially, the company's revenue increased from £363.6 million in the previous year to £438.3 million, with operating profit rising from £33.2 million to £74.1 million. The Regulatory Capital Value (RCV) grew from £1.92 billion to £2.1 billion, reflecting investment levels over the past 12 months. Following the conclusion of the PR24 process, shareholders have committed to injecting £150 million in new equity by April 2026 to fund the AMP8 investment plan. The company stated that this equity injection is in place, combined with the successful issuance of £350 million in green bonds in March 2025, ensuring strong financial resilience throughout the AMP8 business plan period.
In March 2026, the company paid total dividends of £34.5 million, comprising £26 million from regulated operations and £8.5 million from non-regulated activities. The company noted that this was the first dividend paid to Affinity shareholders in eight years, consistent with dividend policy and taking into account regulatory and legal requirements, customer service, and operational performance, while maintaining financial resilience. The payment aligns with maintaining leverage at approximately 70% to support the company's strong credit rating.
Key priorities during AMP8 include reducing leakage, improving network and demand management, with smart metering and water efficiency programs continuing to play a central role in reducing household water use. As a supplier operating in a region of serious water scarcity, Affinity Water continues to prioritize metering and customer engagement initiatives to improve water efficiency and reduce per capita consumption. The company has long viewed demand reduction as a key component of future supply resilience. Environmental performance remains a major focus, particularly in reducing abstraction from sensitive chalk stream catchments. Water stress in the Southeast is intensifying as the industry grapples with climate change, drought risks, and population growth. The Environment Agency has warned that without sustained resilience measures, much of England remains vulnerable to prolonged drought.
Performance highlights include: all key milestones for the first year of AMP8 have been achieved, including early completion of smart meter installations and trunk main replacements, completion of the first river restoration project, and good progress on resilience investments. In terms of operational performance, supply interruptions and unplanned outages met first-year targets, while leakage, the Customer Experience Index (C-MeX), the Compliance Risk Index (CRI), and per capita consumption did not meet targets. Environmental performance targets were achieved, with 100% compliance on discharge permits and no serious pollution incidents. Financial performance was positive, with revenue and operating profit growth and an increase in Regulatory Capital Value (RCV). The £150 million shareholder injection has been received, with £26 million in dividends paid from regulated operations and £8.5 million from non-regulated activities.
