Affinity Water Finance PLC Affinity Water submit five-year business plan (4035O)

TIDM19LP

RNS Number : 4035O

Affinity Water Finance PLC

02 October 2023

Affinity Water Finance PLC

(the "Company")

GBP10 million of 1.024% Sterling Denominated Retail Price Index-Linked Bonds due 2033

GBP60 million of 2.699% Sterling Denominated Fixed Rate Bonds due 2033

GBP250 million of 4.5% Sterling Denominated Fixed Rate Bonds due 2036

GBP85 million of 3.278% Sterling Denominated Fixed Rate Bonds due 2042

GBP60 million of 0.23% Sterling Denominated Consumer Price Index-Linked Bonds due 2042

GBP190 million of 1.548% Sterling Denominated Retail Price Index-Linked Bonds due 2045

issued by the Company and guaranteed by Affinity Water Limited ("Affinity Water")

2 October 2023

Affinity Water submits five-year business plan to Ofwat

Affinity Water has submitted its five-year Business Plan for 2025 - 2030 to water industry regulator, Ofwat.

Affinity Water's Business Plan details the action the company will take to address the significant challenges posed by climate change, demand for water, population growth and to take care of the environment.

Affinity Water said, "It is our most ambitious plan to date and represents an investment of GBP2.12 billion between 2025 - 2030 to ensure we can meet the challenges we face and take care of our environment for our communities now and in the future."

For further information please visit our website: https://www.affinitywater.co.uk/corporate/plans/business-plan

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

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October 02, 2023 08:33 ET (12:33 GMT)