Overview

• Ofwat's probe found Anglian Water failed to properly operate and maintain its wastewater assets, leading to excessive storm overflow spills.
• The regulator has opened consultation on a £62.8m enforcement package requiring the company and shareholders to finance redress.
• The plan earmarks £5.8m for a community fund and £57m for excess flow management improvements across eight catchments.
• Ofwat stipulated that the package costs will not be passed on to the utility's seven million customers.
• Anglian Water has accepted the findings and pledged to deliver on its £11bn business plan amid government plans to replace Ofwat with a new super-regulator.