Privately owned water companies in England have issued £10.5 billion in green bonds since 2017, a fifth of the total national issuance, according to market analysis. These bonds, marketed as
Privately owned water companies in England have issued £10.5 billion in green bonds since 2017, a fifth of the total national issuance, according to market analysis. These bonds, marketed as
Castle Water has submitted a revised proposal to rescue Thames Water, offering a substantial £1 billion cash injection above existing offers amidst mounting financial and operational pressures. John Reynolds, chief
Labour is facing mounting pressure to block the takeover of Thames Water by Hong Kong-based CK Infrastructure CKI as concern intensifies over placing one of Britain’s most vital utilities in
Creditors seeking to take control of Thames Water have tabled a final rescue plan to regulators, proposing a £4 billion debt write off in exchange for more achievable environmental targets.
Thames Water is set to announce that the price tag for its proposed reservoir near Abingdon in Oxfordshire has soared to as much as £7.5bn, a substantial escalation from the
The government is preparing to take Thames Water, the UK’s largest water utility, into temporary public ownership, paving the way for a potential sale to a major Chinese infrastructure company.
Thames Water has declined to recoup £2.5 million in bonuses paid to senior managers from an emergency loan intended to stabilise the struggling utility company’s finances. The payments, distributed to
Thames Water’s bonds have plunged to unprecedented lows following the Environment Secretary’s announcement regarding enhanced contingency preparations for the troubled utility provider. The company’s debt value deteriorated to 67p on
The UK government has signalled its readiness to place Thames Water into special administration amid mounting concerns over the utility provider’s financial stability and operational performance. Environment Secretary Steve Reed
A recent report by the thinktank Common Wealth has argued that bringing England’s water companies into public ownership could cost the government close to nothing. Experts propose using a process
Thames Water, Britain’s largest water company, has once again found itself in precarious waters after the collapse of a high-profile rescue deal. US private equity giant KKR, following weeks of
Thames Water, the UK’s largest water utility company, faces increased uncertainty following the collapse of a £4 billion takeover bid by American private equity firm KKR. The withdrawal raises the
Thames Water, the UK’s largest water supplier, has been handed a record fine of £122.7 million by the regulator Ofwat. The penalty is the largest ever imposed by the watchdog
Creditors of Thames Water are reportedly preparing to write off approximately £6 billion of its debt as the American private equity firm KKR advances its bid to take control of
The UK government plans to intervene to block Thames Water’s executives from receiving substantial bonuses tied to a £3 billion emergency loan, according to informed sources. The decision arises as
Thames Water, Britain’s largest privatised water utility, is grappling with a financial and regulatory crisis. With a debt of £20 billion, a poor track record on pollution, leakage, and customer






