Thames Water – owner of Northumbrian Water CK Infrastructure re-enters the ring
CK Infrastructure, the owner of Northumbrian Water, has re-entered the bidding process for Thames Water and approached the water sector regulator Ofwat to say it is ready to submit its own rescue package, according to a report in The Sunday Times at the weekend.
Thames Water Class A creditors submit “detailed and improved proposal” to Ofwat to stave off company’s collapse
Thames Water investors have today submitted a new plan to Ofwat to stave off the company’s collapse – the proposal from the London & Valley Water (L&VW) consortium aims to deliver £5.4 billion of committed funding to Thames Water.
Thames Water gets overwhelming approval of creditors to make initial £24.5 million payment to meet Ofwat penalties
Thames Water Utilities Ltd has announced that the Fourth Consent Requests it launched on 5 September have been overwhelming approved by its creditors, with a deemed approval rate of over 99%.
Thames Water chiefs recalled to EFRA Committee for further questioning following disclosures and new financial concerns
The House of Commons Environment, Food and Rural Affairs Committee (EFRA) has recalled Thames Water’s Chair Sir Adrian Montague, CEO Chris Weston and Independent Non-Executive Director Ian Pearson, who chairs Thames’ Remuneration Committee, for further questioning on Tuesday 15 July in the light of ongoing concerns.
Thames Water to seek further drawing of £157 million in July 2025 from emergency £1.5 billion loan
Thames Water has announced it is seeking a further drawing of £157 million in July 2025 from the initial £1.5 billion loan available under the group's liquidity facility.
Government confirms paying bonuses in form of retention payments to senior execs not an option for Thames Water
The Government has confirmed that paying bonuses in the form of retention payments to senior executives are not an an option for Thames Water, following comments by water company Chair Sir Adrian Montague when he appeared before the House of Commons Select Committee for Environment Food and Rural Affairs (EFRA) last week.
Thames Water chiefs on defensive under grilling from Commons EFRA Committee
Thames Water chiefs were on the defensive when they appeared in person before the House of Commons EFRA Committee earlier this week in an intensive two hour evidence session which made for compelling – and at times uncomfortable – viewing.
Thames Water restructuring plan - Court of Appeal told plan should not have been approved
The Court of Appeal has been told that a plan to restructure Thames Water through a loan of up to £3 billion should not have been approved by the High Court as its terms are "mispriced and inappropriate."
Thames Water in High Court today at start of three day appeal hearing against restructuring plan
The Appeal Court has this morning started a three day hearing of an appeal against the High Court decision to allow Thames Water’s restructuring plan which would see it receive an emergency £3 billion loan from its Class A creditors.
Moody's Ratings deems Thames Water's restructuring to be a "distressed exchange"
Moody's Ratings has downgraded Thames Water Utilities Ltd.'s (Thames Water) Probability of Default (PDR) rating to D-PD from Ca-PD - the rating action coincides with the effective date of Thames Water's restructuring plan announced by the company on 21 February 2025.
News Showcase
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Expert speaker line-up and leading exhibitors to feature at next month’s National Civils Show, Floodex, National Drainage Show & Waterways Management in London
Attendees at next month’s National Civils Show, Floodex, National Drainage Show and Waterways Management on 26th and 27th November are set to benefit from an expert speaker line-up and the opportunity to visit a wide range of exhibitors all co-located in one place at Excel, London, one of the UK’s leading international exhibition and convention centres. -
Ovarro smart leak detection builds drought resilience worldwide
Tackling leakage is one of the fastest and most cost-effective ways for utilities to bolster water security, writes Ben Crabtree, Product Line Director, Ovarro, revealing how the potential of smart technologies is being demonstrated around the world. -
South Staffordshire Plc earns prestigious RoSPA global health and safety award
UK-headquartered South Staffordshire Plc, the integrated services group operating within the UK critical infrastructure and essential services markets, has received a prestigious Royal Society for the Prevention of Accidents (RoSPA) Award for global health and safety excellence. -
Balfour Beatty achieves 99.1% Responsible Sourcing on major Thames Estuary infrastructure project
Balfour Beatty, the UK’s largest construction and infrastructure provider, has delivered exceptional environmental results on the Thames Estuary Asset Management 2100 (TEAM2100) framework, one of the nation’s most ambitious flood defence initiatives.
Expert Focus
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United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest. -
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What's to be done about the UK's failing utilities - is special administration the solution?
What is to be done about the UK’s failing utilities? Listen to Professor Dieter Helm explore the options to tackle the UK’s failing utilities – Thames Water, the Royal Mail and Network Rail in particular.
Top Stories
- Ofwat agrees to Thames Water request for further referral of appeal to CMA with open-ended timescale
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- Thames Water – owner of Northumbrian Water CK Infrastructure re-enters the ring
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