UK's struggling Thames Water receives a number of bids for equity process
Britain's Thames Water said it had received proposals from a number of parties as it seeks to raise new equity of over 3 ...
Thames Water Bidder Covalis to Partner With Octopus Energy Unit
Covalis Capital is partnering with Octopus Energy Group’s technology arm, Kraken, to help manage Thames Water’s 16 million ...
Water back on for some homes, but pipe repair could take 'days'
Water has returned to thousands of homes in Wiltshire which were left without when a pipe burst, but Thames Water say the ...
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Thames Water returns to court with insolvency weeks away
During a standstill period, Thames Water would be prohibited from paying enhanced capital expenditure. In these circumstances ...
Thames Water Rescue Bidder Doubts Sale Process Feasibility
One of the rescue bidders for Thames Water has written to the High Court in London questioning the feasibility of finding new equity for the beleaguered utility by April.
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Thames Water restructure plans a ‘bridge to nowhere’, MP’s barristers tell court
Thames Water should be placed into administration as plans to restructure the struggling utility are a “poor short-term fix” and a “bridge to nowhere”, an MP’s barristers have told the ...
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Thames Water officials defend creditor plan choices on second day of hearing
Thames Water's CFO appeared to admit in court on Monday that Class B creditors' plan was "cheaper" than the Class A creditors ...
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Millions of Londoners face staggering £200-plus rise in water bills this year
The 16 millions customers served by beleaguered Thames Water will see a 31% hike within weeks, with average annual bills ...