Utilities

A significant development has emerged in the ongoing Thames Water crisis as Graham Edwards, the Conservative Party treasurer, heads a consortium aiming to rescue the troubled utility company. The proposed £4 billion rescue package involves…

A comprehensive Barclays survey has revealed the UK water sector stands as the riskiest utility investment across Europe, raising serious concerns for potential investors and existing stakeholders alike. The research, which gathered…

A planned £3 billion emergency loan for Thames Water could incur more than £800 million in interest and additional costs, raising serious concerns about the impact on customers and infrastructure improvements. Britain's largest water…

British power generation giant Drax has lifted its annual profit forecast, capitalising on reduced wind farm output across the UK energy network. The North Yorkshire-based enterprise anticipates adjusted earnings to reach the upper…

Thames Water, the UK's largest privatized water company, has found itself in dire financial straits, facing a mountain of debt and the looming threat of renationalization. However, a surprising lifeline has emerged from an unexpected source…

Tennet, the Dutch state-owned electric utility company, has hired investment bankers to investigate an initial public offering (IPO) for its German subsidiary. The Dutch firm is looking to cut its ties with this capital-hungry enterprise…

Thames Water, the embattled London utility serving 16 million people in south-east England, has called for yet another increase in customer bills as it warns that proposed cuts to its business plan by the industry regulator, Ofwat, would…