[Welsh associations downgraded from green to yellow]

Ateb Group’s financial metrics were under pressure due to a significant five‑year decarbonisation investment programme.  The regulator concluded that financial risks linked to its £10million plan to meet 2030 decarbonisation standards must be closely managed and required Ateb to produce a detailed Compliance Improvement Plan with a timetable and senior accountability.  The organisation retained a green grading for Governance and Service Delivery.