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 ...
The debt-laden water company recently won court approval for a £3 billion loan deal designed to keep it running into 2026.
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 ...
After a court decision moved Thames Water closer to a £3 billion rescue loan, the PA news agency explains why it needs money and what happens next.
Britain’s Southern Water Ltd. is trying to fix its finances in an effort to preserve its investment grade status, safeguard its balance sheet — and avoid the same debt woes as Thames Water.
It's was crunch time for the UK's biggest water provider Thames Water as its fate was announced on Tuesday morning. Thames Water finances hung in the balance with debts of £16bn and existing ...
Senior executives at Assured Guaranty, one of the largest creditors to Thames Water, said they’re optimistic about the troubled UK utility after it won approval for emergency liquidity.
Thames Water has received a preliminary 7 billion pound ($8.86 billion) bid from Hong Kong's CK Infrastructure for a majority stake, the Financial Times reported on Friday, citing people familiar ...
(Reuters) - Thames Water has received a preliminary 7 billion pound ($8.86 billion) bid from Hong Kong's CK Infrastructure for a majority stake, the Financial Times reported on Friday, citing people ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s CK Infrastructure has made a preliminary £7bn bid to take a majority stake in Thames Water ...
Thames Water has been criticised by a senior judge for not "arranging their affairs in proper order" as a date was set for a challenge to the company’s £3 billion bailout plan. A High Court ...
Alfold’s sewage and water network is at breaking point and cannot take any further development without upgrades, Thames Water has warned. It comes as plans for 400 new homes in the area are has ...