Britain’s Southern Water Ltd. is trying to fix its finances in an effort to preserve its investment grade status, safeguard ...
Thames Water is in purgatory. Britain’s biggest water utility recently averted collapse via an expensive 3 billion pound loan ...
It has been another bumpy week for Thames Water. Thousands of South London customers were left without water after a pipe burst. The Financial Times reported that half the utility’s sewage plants lack ...
It placed a mountain of debt on to Thames Water’s balance sheet. The high cost of servicing that debt and paying dividends starved Thames of investment and put in place a labyrinthine financial ...
Britain’s largest, and most indebted, private utility, Thames Water ... with sympathetic regulators and the right balance sheet, enjoy steady monopoly returns from captive consumers – one ...
Water privatisation is a classic example of the kind of behaviour Labour would be expected to rail against but some estimates suggest a temporary nationalisation would cost £2bn a year.
(Bloomberg) -- Castle Water Ltd. and KKR & Co. have been invited ... Last week, the cash-strapped company bought itself more time to fix its balance sheet after a London judge approved an ...
(Bloomberg) -- Beleaguered utility Thames Water will finally learn its future ... until there’s more clarity over the company’s balance sheet. That means an increased risk of Thames plunging ...
(Bloomberg) -- Cash-strapped Thames Water bought itself some more ... bid until there’s more clarity over the company’s balance sheet. In a report prepared by consultancy Teneo in December ...
The company has backed the class A plan despite the fact that it will saddle Thames Water with higher interest payments at a time when its creaking balance sheet has left it on the brink of ...
Thames Water, which supplies a quarter of the UK ... even more than happened at many counterparts, leveraged up its balance sheet to the hilt to maximise returns. A regulatory focus on consumer ...