Thames Water has announced the results of the Eighth Consent Requests and STID Proposal – creditors’ approval means the water company will now be able secure further funding.

Thames Water announced the launch of its Eighth Consent Requests and STID Proposal on 2 March 2026.

The approvals mean Thames Water will now be able to draw £410 million of the new commitments; to extend the June Release Condition under the Facility to 31 March 2026 and permit the drawdown of £205 million in March 2026.

On 7th January 2026 Thames Water announced that the seventh set of consent requests launched on 19 December 2025 had been approved by its creditors – including the drawdown in January 2026 of the remaining £233.5 million undeferred portion of its initial £1.5 billion facility.

On 12th February TWUL launched a process to allocate £823 million of the additional £1.5 billion Accordion facility