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When Thames Water was privatised in 1989 it had no debt. However, over the years it borrowed heavily. Thames now needs to raise about £4bn in new equity too, which would not need to be paid back.
In June 2018 regulators made Thames Water pay £65 million to customers, among other reasons because they failed to repair leaks. [83] In June 2023, Freedom of Information requests revealed that Thames Water leak levels were at their highest for five years. It was estimated to be losing 630 million litres (140 million imperial gallons) a day. [84]
Dallas Water Utilities (DWU) is the water and wastewater service operated by the City of Dallas, Texas, in the United States.DWU is a non-profit City of Dallas department that provides services to the city and 31 nearby communities, employs approximately 1450 people, and consists of 26 programs.
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Britain’s biggest water company currently has only enough funding to see it through to the end of May next year, and is scrambling for fresh cash.
In 2009, Coppermills was connected to the Thames Water Ring Main via the Northern Extension Tunnel, enabling the facility to be a major supplier of water to the whole London area. [2] It is capable of supplying a maximum of 680 million litres (150,000,000 imp gal; 180,000,000 US gal) of water per day. [3]
A water supplier to more than 450,000 businesses and public sector groups has reportedly emerged as one of the leading contenders to rescue stricken Thames Water ahead of this week’s deadline ...
When Thames Water was privatised in 1989 it had no debt. However, over the years it borrowed heavily. A large proportion of that was added when Macquarie, an Australian infrastructure bank, owned ...