Date | Title | Description |
31.03.2025 | Thames Water: A Utility on the Brink | Thames Water is in turbulent waters. The UK's largest water utility is drowning in a sea of debt, with a staggering £16 billion hanging over its head. Recent developments have only added to the chaos. The resignation of Chief Financial Offi... |
31.03.2025 | Thames Water: KKR ‘preferred partner’ for group | Thames Water announced on Monday it had moved forward into the Phase 2 stage of equity raise with global investment firm KKR.
The company said it expects to finalise the terms of the deal by the second quarter of 2025, with the capital rais... |
28.03.2025 | Thames Water’s finance chief quits as firm continues trying to find a buyer | Thames Water’s finance boss has quit midway through a key restructuring of the heavily indebted utility giant.
Chief financial officer Alastair Cochran told the firm that he was stepping down on Friday morning.
His sudden departure comes as... |
20.03.2025 | Yorkshire Water's £40 Million Redemption: A Step Towards Environmental Restoration | In a significant move, Yorkshire Water has been compelled to invest £40 million in environmental projects following a damning investigation by Ofwat, the water regulator. This enforcement package aims to address serious failures in the comp... |
20.03.2025 | Yorkshire Water forced to pay out £40m after ‘serious failures’ | Yorkshire Water will have to pay out a £40m “enforcement package” to address a series of “serious failures” in its maintenance of sewage networks.
The water supplier will pay out £36.6m over the next five years after the water watchdog Ofwa... |
20.03.2025 | The Capitalist: Feisty wonks, the Tooth Fairy and a CEO under citizen’s arrest | Wonks at the CPS get feisty, a CEO under citizen’s arrest and a scrimping Tooth Fairy; catch up on the latest City drama in this week’s edition of The Capitalist
Kemi Badenoch was interrupted by demands to “banish billionaires” during her k... |
18.03.2025 | Thames Water says it has received six takeover offers | Thames Water has said it has received six takeover offers and hopes to agree a deal by the end of June.
The offers come in response to an equity raise process launched by the UK’s biggest water supplier last summer.
Crisis-hit Thames Water ... |
17.03.2025 | Thames Water: Challenge to £3bn emergency loan dismissed by Court of Appeal | An appeal against a £3bn rescue package for Thames Water has been dismissed following a three-day hearing last week.
The Court of Appeal’s ruling on Monday averts the possibility of the UK’s biggest water supplier being placed into special ... |
14.03.2025 | Infrastructure boom lifts Balfour Beatty, Kier Group and Costain | London-listed construction firms Balfour Beatty, Kier Group, and Costain, have all reported robust results this week as the UK’s increasing prioritisation of major infrastructure projects starts to life the sector.
Their combined order book... |
11.03.2025 | Thames Water: Emergency loan should not have been approved, court told | - |
11.03.2025 | Thames Water’s Rescue Loan Faces UK Court of Appeal Challenge | Emergency funding that would allow Thames Water access to as much as £3 billion and stave off temporary nationalization is being challenged at a London court this week.
The cash-strapped firm had a rescue deal approved last month, but junio... |
08.03.2025 | Thames Water Making Plans for Possible Special Administration | (Bloomberg) -- Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, according to people familiar with the matter.
While Thames executives believe a ... |
06.03.2025 | Li Ka-shing's Bold Move: A $19 Billion Escape from Geopolitical Pressure | In the world of business, timing is everything. Li Ka-shing, the 96-year-old Hong Kong billionaire, has just demonstrated this principle with a masterstroke. Under the looming shadow of the Trump administration, Li has orchestrated a sale t... |
05.03.2025 | Li Ka-shing Escapes Trump Glare With $19 Billion | After a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet.
Under pressure from the Trump administration over two ports at the Panama canal controlled by CK Hut... |
21.02.2025 | Alibaba and Amazon: Titans of Tech and Retail in a Shifting Market | The business landscape is a battlefield. In this arena, two giants, Alibaba and Amazon, are redefining the rules. Alibaba recently reported a staggering 239% increase in net profit for the last quarter of 2024. This surge is not just a fluk... |
21.02.2025 | Thames Water: Hong Kong’s CK Infrastructure makes £7bn swoop | - |
21.02.2025 | CNBC Daily Open: Alibaba shares jump and Amazon beats Walmart in quarterly revenue | Chinese tech titan Alibaba posted a startling 239% year-over-year jump in net profit in the final quarter of 2024. CEO Eddie Wu attributed that shiny result to growth in the company’s cloud business and its triple-digit expansion in artific... |
19.02.2025 | Thames Water: KKR makes £4bn offer for majority stake | - |
19.02.2025 | Traders Are Willing to Pay Big Premium for Thames’ Rescue Loan | (Bloomberg) -- Thames Water desperately needs cash before the end of March in order to stave off insolvency, and investors are willing to pay over the odds for the opportunity to provide it.
The beleaguered utility won court approval this w... |
18.02.2025 | Thames Water restructuring plan approved by High Court | - |
14.02.2025 | Thames Water asks watchdog to let it charge even higher bills | - |
14.02.2025 | Thames Water Will Learn Fate Next Week as Cash Is Running Out | (Bloomberg) -- Beleaguered utility Thames Water will finally learn its future in less than 100 hours as any hopes for a rescue package rest with a London judge.
The company’s troubles follow decades of poor regulatory oversight across the s... |
12.02.2025 | Thames Water investigated over failure to finish 100 environmental schemes on time | - |
03.02.2025 | Thames Water seeking approval of £3bn emergency restructure plan | - |
14.01.2025 | Thames among British water and sewerage firms slapped with new class action | - |
02.01.2025 | Thames Water to avoid state bailout, the FTSE 100 at 7900 and an ITV bid: my predictions for UK plc in 2025 | - |
27.12.2024 | Thames Water urges high court to accept restructuring plan | - |
23.12.2024 | Thames Water: Major upgrades mothballed despite dividend payouts | - |
19.12.2024 | Household water bills to rise by an average £31 a year from April | - |
19.12.2024 | Thames Water allowed 35 per cent bill hike but faces £18m fine over dividend payouts | - |
10.12.2024 | Thames Water chief defends bonuses after firm posts £190m loss | - |
10.12.2024 | Thames Water reports surge in pollution incidents as debts swell | - |
21.11.2024 | Ofwat blocks nine water firms from using customer cash for hefty bonuses | - |
18.11.2024 | Don’t sit back and watch Thames Water ‘car crash,’ ministers told | - |
07.11.2024 | Thames Water backers table £3bn debt offer in scramble to shore up finances | - |
02.11.2024 | KKR exploring investment in Thames Water share plan, Sky News reports | Boards, Policy & RegulationWater Management
Regulatory Oversight
Governance
KKR exploring investment in Thames Water share plan, Sky News reports
By ReutersNovember 2, 202412:25 PM UTCUpdated ago
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25.10.2024 | Thames Water launches £3bn emergency fundraising drive | - |
09.10.2024 | ADIA's Strategic Moves: From Thames Water Writedowns to GIFT City Investments | The world of finance is a turbulent sea. Recent events surrounding the Abu Dhabi Investment Authority (ADIA) illustrate this perfectly. The sovereign wealth fund, a titan in the investment arena, has made headlines for two contrasting reaso... |
09.10.2024 | ADIA writes off 9.9% stake in struggling British utility Thames Water: Report | Credit: 123RF.com
Abu Dhabi's sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% stake in the troubled British utility, the Financial Times reported on Tuesday.
Heavily indebted Thames, w... |
22.09.2024 | Thames Water creditors plan emergency funding for troubled utility | - |
15.09.2024 | Thames Water in talks over £3.3bn emergency fundraising deal | - |
04.09.2024 | Water bosses risk prison time as government launch crackdown | - |
07.08.2024 | Glanua acquires UK's Aqua Operations following recent investment | Irish water engineering firm Glanua has acquired UK industrial maintenance company Aqua Operations as it continues to expand its operations in both countries.
Financial details of the sale remain undisclosed, but the deal will significantly... |
24.07.2024 | Glanua secures strategic investment from Rabobank | Water infrastructure engineering group Glanua has secured funding from Rabobank as targets annual sales of €400m by 2028.
The level of funding offered by Rabobank has not been disclosed, but Glanua said it would enhance its capacity to scal... |
27.05.2024 | “Disgusting” revelation on sewage should see Thames Water “ripped up” | - |
15.05.2024 | Royal Mail owner ‘minded’ to accept raised £3.5bn takeover offer by Czech billionaire | Royal Mail owner International Distribution Services (IDS) announced on Wednesday that it is “minded” to accept a raised takeover offer worth around £3.5bn from Czech billionaire Daniel Kretinsky.
The FTSE 250 company’s shares soared as muc... |
28.03.2024 | Britain’s Thames Water sees financial crisis worsen | Thames Water. Image: Wikimedia Commons
Debt-plagued Thames Water revealed on Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan “uninvestable”.
In a separate sta... |
03.01.2024 | Thames Water: Fresh blow as major investor takes £600m writedown | - |
05.01.2023 | Thames Water launches a live sewage discharge map – see if your local drain is overflowing | Thames Water have launched a map of its sewage discharge points to mark the new year – and those living in the area won’t be very impressed. |
23.08.2022 | Data centre water usage in the spotlight as Thames Water prepares hosepipe ban | Thames Water is reviewing the use of drinking water by data centres in and around London on the eve of introducing a hosepipe ban.
According to the FT, an investigation into data centre consumption was launched by strategic development mana... |
26.03.2019 | Thames Water unveils £1bn tech investment in bid to boost efficiency | |
11.04.2012 | Pipe dreams: ABB invests in water monitoring startup TaKaDu | What would happen to your city if all the taps ran dry? We can’t survive without water, but water shortages will effect many of us in the future due to population growth, climate change and crumbling water networks.
Electricity infrastructu... |
11.04.2012 | Pipe dreams: ABB invests in water monitoring startup TaKaDu | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
What would happen to your city if all the taps ra... |
- | Thames Water | “Hello. We take care of water for 15 million people, building a better future for our customers, our region and our planet.” |
- | Britain’s largest water utility placed under special measures as it grapples with $20 billion debt pile | Regulators on Thursday placed crisis-hit Thames Water, Britain’s biggest water utility company, under special measures.
The company was given permission to raise customer bills by an average £99 annually over the next five years, nearly hal... |
- | U.S. fund KKR makes £4 billion management-buyout bid for UK’s Thames Water | Britain’s largest water utility has been plagued by ballooning debt and has warned it will run out of cash by March 24.
Thames Water needs to restructure its debt and capital structure as part of a broad turnaround, and would benefit from a... |