Thames Water has received court approval for up to 3 billion pounds of emergency funding. That prevents the company that serves 16 million people in and around London from falling into government ...
Britain's biggest water supplier Thames Water said it was targeting a plan to secure new equity during the second quarter of 2025, and in the meantime it had asked the regulator to put on hold a ...
In mid-February, the debt-laden English water company said Ofwat's final determination, which sets a limit on the bills the company can charge customers, for the years 2025-30 would hinder its ability ...
LONDON, March 17 (Reuters) - Thames Water, Britain's biggest water supplier, said on Monday its 3 billion pound ($3.9 billion) debt lifeline would go ahead after appeals against it were dismissed ...
Thames Water has staved off effective government ownership after an unsuccessful legal challenge to its financial restructuring. The Court of Appeal has ruled in favour of a £3bn loan intended to ...
In February, a High Court judge sanctioned a plan proposed by Thames Water Utilities Holdings Limited (TWUH), the parent company of Thames Water Group, allowing the utility to stay afloat.
Appeals against the approval of a plan to restructure Thames Water through a loan of up to £3 billion has been dismissed, Court of Appeal judges have said. In February, a High Court judge ...
Thames Water, which has about 17 billion pounds ($20.9 billion) of debt, was in danger of running out of money within days if the court had not authorized the new funding.
Thames Water is seeking a £3 billion rescue loan (Andrew Matthews/PA) Thames Water is at “real risk” of falling into administration within weeks, a former director has warned, as it nears a ...
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK's largest water company was temporarily ...
Thames Water, Britain’s biggest water supplier, said on Monday appeals against its £3-billion ($3.9-billion) debt lifeline had been rejected by the Court of Appeal, allowing the company to ...