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
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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 - the company's junior bondholders.
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
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
