High Court approves Thames Water £3 billion restructuring plan
Thames Water has announced that the High Court has today approved a restructuring plan to extend the liquidity runway of the Thames Water Group.
Thames Water - company's lenders support appointment of Julian Gethin as Chief Restructuring Officer
Thames Water has appointed Julian Gething, Partner & Managing Director at AlixPartners in London, in a newly created role as Chief Restructuring Officer to provide specialist advice as it continues its complex and ongoing balance sheet recapitalisation process.
Ofwat appoints independent Monitor for Thames Water
An independent Monitor to report on the progress of Thames Water against its equity raise and transformation plans has been appointed by Ofwat.
Ofwat actions for Thames Water following investment credit rating downgrade include developing revised AMP8 Business Plan by 28 August
Ofwat has today confirmed the implementation of commitments from Thames Water, effective immediately, to remedy its licence breach in losing its investment grade credit ratings - including a commitment to further develop a revised AMP8 Business Plan for the period 1 April 2024 to 31 March 2030 by 28 August 2024.
News Showcase
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Sulzer launches global Water Treatment Center of Excellence for integrated water solutions
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner. -
Pumps prove to be smooth operators for Anglian Water
“SAS (Surplus Activated Sludge) is a bit weird and can do odd things,” says Stuart Chatten, Lead Bioresources Technician at Whitlingham Water Recycling Centre (WRC), one of Anglian Water’s principal centres for processing sewage, serving a population of 400,000. -
Owen Mace takes over as Director of BPF Plastic Pipes Group
Owen Mace has taken over as Director of the British Plastics Federation (BPF) Plastic Pipes Group on the retirement of Caroline Ayres. He was previously Standards and Technical Manager for the group. -
Ledbury engineering firm strengthens senior team as demand for water process systems grows
PureTec Separations, the Ledbury-based water treatment engineering firm, has appointed Dan Norman as its new Sales Manager – Water Process Systems, supporting the company’s continued growth in the UK and international markets.
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Other Latest News
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- Scottish Water announces low emission supply chain partners in new Structural Steel and Fabrication Services framework
- United Utilities progresses £34.4 million upgrade at Crewe wastewater treatment works
- Southern Water progresses work to cut storm overflows and protect Chichester Harbour
- NI Water breaks ground on £6m nature-based wastewater treatment solution for Robinsonstown, Portadown
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Scottish Water completes £235m investment in two-way connection between drinking water networks
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply. -
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. -
Working for WSP - what if you could build a career as unique as you? With us, you can
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.
Top Stories
- Scottish Water announces low emission supply chain partners in new Structural Steel and Fabrication Services framework
- Southern Water awards £72 million AMP8 contract for Minor Civils Framework
- Institution of Civil Engineers warns immediate action needed to enable delivery of £725bn 10-year infrastructure strategy
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