Cambrian Utilities gets water retail licence
Cambrian Utilities has become the latest licensee in the English non-household water market.
The Welsh firm is a subsidiary of of Glas Cymru, the single purpose company formed to own, finance and manage Welsh Water.
Cambrian Utilities' managing director is Sonia McCorquedale Cruise, who was previously head of commercial business at Welsh Water and has a background in renewable energy.
The company, incorporated on 24 March 2016, also lists Peter Bridgewater as company director and Christopher Alun Jones as finance director.
The opening of the non-household water market is expected to deliver benefits worth up to £200 million to the English economy and businesses over the next 30 years, through improved service and value for money.
There are currently twenty-three retailers licensed to operate in the market, including Cambrian Utilites. These include new entrants, incumbent retail arms and the UK’s largest pub retailer Greene King—which successfully secured a self-supply license in January.
A further seven companies, have applied for licences and are awaiting a final decision from the regulator. This includes two applications for self-supply licences from Whitbread and Marston’s.
-This article first appeared on Utility Week.
- Southern Water to sell non-household retail business to Business Stream Southern Water is to sell its non-household retail business to Business Stream when the competitive market opens in April... Read More >
- England poised to mirror Scottish success with retail competition The chief executive of Business Stream is optimistic that the introduction of retail competition in England in 2017 should... Read More >
- Most English businesses unaware of water market opening, finds survey Most businesses in England are unaware of and unprepared for the forthcoming opening of the non-household retail water... Read More >
- Comment: What could retail competition do for customers? Domestic retail competition could provide an opportunity to look again at how we determine the price of water to the... Read More >
- Comment: Sludge all set for reform The opening of the bioresources market presents water companies with an opportunity to do things differently, but what... Read More >
- Interview: Ben Jeffs, Chief Executive, MOSL “The whole industry has really mobilised around market opening, and the water companies deserve credit for that.” Read More >
- Close-Up: Who will be the big fish in the new water retail market? With a £2.5BN new market for non-domestic water retail to open in England in April, joint ventures, incumbents and new... Read More >
- Water Industry Procurement: could Brexit provide a fresh start? Could Brexit lead to a re-examination of the procurement rules which govern the water industry and other infrastructure... Read More >