Our highly regarded water practice has a long track record in advising the water sector on a wide range of regulatory issues and major water projects, both in the UK and internationally. We understand that the changing patterns of water industry investment evident in recent years have given rise to some interesting challenges and opportunities. Underpinning our approach is our in-depth expertise of the regulatory framework, along with the practical approach needed to navigate issues of political or ethical sensitivity as well as operational and infrastructure design. Our lawyers’ commitment to achieving success for clients’ projects differentiates us from other firms in the market.

We have been advising a number of leading water companies for over 10 years and this has given us an opportunity to provide valued advice and support as they and the industry develop. Working throughout the UK, and in close collaboration with colleagues across our wider Energy and Natural Resources group, we offer sound commercial advice across a variety of key areas:

  • Construction and Special Projects
  • Corporate
  • Dispute Resolution
  • Economic Regulation
  • Finance and Restructuring
  • M&A
  • Planning and Environment
  • Power Purchasing
  • Property


Watch our video

World Water Congress 2015: The Roles of Regulation and Competition

Hear what Shepherd and Wedderburn's team of regulation and markets experts and other industry specialists, who participated in a panel discussion at the World Water Congress had to say.

Click here to watch

The Commission has used Shepherd and Wedderburn for some ten years and holds the firm in the highest regard. We have had - and continue to have - fantastic support and input on the regulatory side in particular. The firm's regulatory advice is top quality and exceptional and would not likely be bettered by any other firm in the UK.

Alan Sutherland, Chief Executive
Water Industry Commission for Scotland

Key People


Albion Water
Acted for Albion Water on its Competition Act action against Dwe Cymru (Welsh Water) before the Competition Appeal Tribunal in relation to bulk supply of water and more recently on its follow on damages claims against Dwr Cymru
Aqua Resources Fund Limited
Acted for Aqua Resources Fund Limited in the subscription for £2 million of secured loan notes in Bluewater Bio International due 2012 and warrants to subscribe for ordinary shares by Aqua and Ecofin Water & Power Opportunities Plc
Independent Water Review Panel
Advising the Independent Water Review Panel on alternative governance and funding models for Northern Ireland Water, including in relation to customer charging and the European Water Framework Directive
Water Industry Commission for Scotland
Acted for the Water Industry Commission for Scotland on the introduction of the world's first framework for retail competition for non-household water and sewerage customers
Acted for Xylem on its £390 million acquisition of Godwin Pumps and its US $57 million acquisition of Pims Environmental Services