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On 10 July 2023, Thames Water shareholders agreed to provide £750m in funding, [31] short of the £1bn sought; the company also said it would need a further £2.5bn from investors by 2030. [32] In September 2023, Thames Water was one of several water companies ordered by Ofwat to pay back customers for poor performance.
The water company is already under investigation for a smaller £37.5 million dividend payment in October 2023, ... Thames Water said profit increased to £75.4 million for the year ending March ...
The Thames Water Ring Main (TWRM, formerly the London Water Ring Main) is a system of approximately 80 km (50 mi) of concrete tunnels which transfer drinking water from water treatment works in the Thames and River Lea catchments for distribution within central London. A major part of London's water supply infrastructure, the initial ring was ...
The Thames Tideway Tunnel is a 25 km (16 mi) combined sewer running mostly under the tidal section (estuary) of the River Thames across Inner London intended to capture, store and convey almost all the raw sewage and rainwater that currently overflows into the estuary. These events occur when rainfall volumes exceed the capacity of Bazalgette ...
July 10, 2023 at 4:34 AM. Vuk Valcic/SOPA Images/Sipa US/Reuters. Investors in Thames Water have agreed to put an extra £750 million ($962 million) of equity funding into the troubled utility to ...
Fountain in Trafalgar Square. London's water supply infrastructure has developed over the centuries in line with the expansion of London. Beginning in the 16th century, private companies supplied fresh water to parts of London from wells, the River Thames and the River Lea. Further demand prompted new sources, particularly when the Agricultural ...
When submitting the plans for approval last year, Thames Water said it was the "cheapest" option available to provide enough water to increase drought resilience in London to a one in 200-year level.
The Thames Gateway Water Treatment Works or Beckton Desalination Plant is a desalination plant in Beckton, London, adjacent to Beckton Sewage Treatment Works. [1] The plant takes brackish water from the River Thames and converts it into drinkable water through a reverse osmosis process. The first of its kind in the UK, it was built for Thames ...