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Media centre
Ofwat has changed the appointment conditions of Bournemouth and West Hampshire Water (BWH Water). This will maintain the protection of BWH Water's customers, following changes to the company's ownership and capital structure. In 2005 BWH Water increased the level of debt in the business and during 2006 Nuon completed the sale of its 50 per cent stake in BWH Water's holding company to Biwater which already owned the other 50 per cent stake. Notes to Editors: 1. The Water Services Regulation Authority (Ofwat) is the economic regulator of water and sewerage companies in England and Wales. It exercises its powers in a way that it judges will allow companies to carry out their functions properly, and finance them. Its duties include protecting the interests of consumers, wherever appropriate by promoting effective competition. 2. A copy of the appointment conditions is available on the Ofwat website, www.ofwat.gov.uk of from the Ofwat library on 0121 625 1373. 3. Bournemouth and West Hampshire Water supplies water services to more than 189,000 properties in Bournemouth and surrounding areas. MEDIA ENQUIRIES TO OFWAT PRESS OFFICE ON: 0121 625 1416/1496/1442/1322. Out of hours enquiries to 0121 625 1300. Ofwat publications and press notices can be found on Ofwat's website at: www.ofwat.gov.uk  | ||||||
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