Letter: Ofwat playing Enron card?

So Ofwat “pushes private financing efforts” (Report, May 18) after years
of allowing water companies to load themselves up with debt, minimise repairs and investment, pollute and extract large profits for paying shareholders that should have been reinvested. And then the failed Ofwat proposes Enron-type private financing for water infrastructure to deliver guaranteed profits, funded by customers. Campaigner Feargal Sharkey is correct to describe Ofwat’s proposal as a mess.

Martin Large
Stroud Common Wealth, Stroud, Gloucestershire, UK