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16 hours ago · Thames Water has confirmed that it paid two fresh dividends worth £158.3 million in March, as the heavily indebted company said it is unlikely to raise fresh funds before December. The water company, which is creaking under a debt pile of more than £15 billion, said it paid the dividends to help fund two of its holding companies, Kemble ...
1 hour ago · The Thames Water logo is seen on protective fencing around a pipework replacement site on April 04, 2024 in London, England. Last week, Thames Water shareholders refused to inject emergency funding sought by the UK water regulator, Ofwat, leading the the water utility's leadership to say that if additional funding was not found by the end of 2025, the company could be placed in special administration.
16 hours ago · Thames Water has warned it risks running out of cash in less than a year as it unveiled urgent plans to find new funding. Britain’s biggest water supplier said on Tuesday it was seeking a fresh ...
16 hours ago · Thames Water, serving 16 million customers across London and the Thames Valley, has pitched a plan in April to hike spending to £19.8 billion to modernise infrastructure and cut down on sewage leaks.
16 hours ago · Thames Water, Britain’s largest water supplier, has secured £1.8 billion in funding, ensuring its operations until May 2025 while it continues efforts to raise new equity for long term survival.
16 hours ago · The UK’s largest water company Thames Water could see its cash run dry by the end of next May, it was revealed on Tuesday. Despite holding £2.4bn in liquidity at the end of March, that figure ...
