Thames Water invites Class B debt holders to form ad hoc group of lenders
Thames Water is inviting holders of its Class B debt to form an ad hoc group of lenders in its latest update covering its proposed recapitalisation.
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%.
Anglian Water confirms first £300 million tranche of £500 million equity injection
Anglian Water has confirmed that its shareholders have now injected £300 million of equity into the group.
Thames Water draws remaining available sum of first £1.5 billion tranche of emergency funding
Thames Water has today announced it has drawn down the remaining available sum of the first £1.5 billion tranche of emergency funding under the restructuring plan proposed by the company in connection with implementing the liquidity extension transaction sanctioned by the High Court on 18 February 2025.
Northern Ireland Assembly told NI Water must live within budget following PwC investigation into potential unauthorised overspend
Infrastructure Minister for Northern Ireland Liz Kimmins has told the Northern Ireland Assembly that NI Water must operate within its budget and do the best it can with available resources.
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.
Southern Water secures offer of further £1.2 billion equity support package from Macquarie
Southern Water has secured an offer of a equity support package totalling up to £1.2 billion from Macquarie, comprising an initial binding £655 million with up to a further £545 million intended to be committed by December 2025.
Tideway becomes first UK corporate to issue Blue Bond in Sterling
Tideway, the company behind London's super sewer which is now operational, has become the first corporate to issue a 'Blue Bond' in Sterling.
Financial Times – Thames Water may have to restate accounts for year ended 31 March 2024
Thames Water may have to restate its accounts for the finalcial year ended March 2024, according to a report in the Financial Times at the weekend.
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
- Second round of public consultation on Grand Union Canal Transfer starts next week
- Ofwat publishes final Climate Change Principles for water companies
- Uisce Éireann launches procurement for €7bn+ euro Greater Dublin Drainage and Water Supply Project
- Anglian Water set to progress work on flagship strategic pipeline project next week
- Scottish Water set to start work on £6 million project to improve water quality
- House of Lords Committee to quiz Water Minister on drought preparedness in England
Watch
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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.
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