First Read: United Utilities "Defining Manchesterism." (Neutral) Freshney

研报英文原文证据摘录

First Read: United Utilities "Defining Manchesterism." (Neutral) Freshney

ean public water supply is more positive than keeping 03/27E 108.72 107.09

bills down and not providing these benefits. Re-nationalisation risk (click here) did not 03/28E 98.43 109.27

feature in discussions on the trip. 03/29E 95.70 114.17

Key points from the whistle stop asset tour Mark Freshney

Analyst

(1) Davyhulme works: This is the biggest UU wastewater treatment works and serves mark.freshney@ubs.com

much of Central Manchester. The asset spills around 30 times per year. Building storm +44-20-7568 3989

water storage would be so big as to not to be a feasible solution. It is undergoing a

Wanda Serwinowska, CFA

£350m upgrade to treat 8,200 to 10,000 litres per minute (£650m if including beyond

2030). Combined with e.g. nature based solutions, it should get spills down to 10 times wanda.serwinowska@ubs.com

per year. Davyhulme will also be able to treat more sludge on site and reduce +44-20-7568 3980

dependency upon an ageing pipeline to Shell Green, with a side-benefit being a greater

Gonzalo Sanchez-Bordona

yield of biogas; (2) Integrated Control Centre (ICC): The investments in systems Analyst

thinking undertaken by the previous management was shown with the ICC, where the gonzalo.sanchez-bordona@ubs.com

assets can all be controlled as well as customers served, and integrated planning +34-91-745 4147

including a room to manage incidents, similar to how emergency services handle

incidents; (3) Growth in population at Partington: A smaller treatment works is

experiencing more homes and tighter permits for phosphorus/BOD/Ammonia, hence

required a £20m upgrade; (4) Nature-based solutions: Natural sinks for surface run-

off are required to prevent water entering the system.