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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 nine shareholders in Thames Water, which supplies water and wastewater services to 15 million people in London and the southeast of England, said in a statement Thursday that they were “not ...
The biggest single shareholder is the Ontario Municipal Employees Retirement System, which holds around 32 per cent of the shares. ... Thames Water is reportedly proposing rises of 20 per cent ...
The water company’s lenders, including investment giants BlackRock, Abrdn and M&G, want more firms to take part in their rescue funding deal. Thames Water creditors try to rally more investors ...
A total of £6,000,534 was paid to the shareholders and directors in compensation, which was paid in "water stock", paying a 3% annual dividend. [1]: 186 Through municipalization the New River Company became a direct ancestor of the current Thames Water company, the main water supplier to London today.
In 1989 the Thames Water Authority was partly privatised, under the provisions of the Water Act 1989 [3] with the water and sewage responsibilities transferring to the newly established publicly quoted company of Thames Water, and the regulatory, land drainage and navigation responsibilities transferring to the newly created National Rivers Authority which later became the Environment Agency.
Debt-laden Thames Water, which is the UK’s biggest water supplier, has asked possible investors to put forward indicative bids by the end of Thursday as it looks to secure a multibillion-pound ...
Investors in Thames Water have agreed to put an extra £750 million ($962 million) of equity funding into the troubled utility to hold off a temporary takeover by the government. The amount is ...