Thames Water has issued its fifth consent requests for Super Senior Issuer Funding from the initial £1.5 billion available under its super senior liquidity facility - Thames Water Utilities Ltd has so far drawn £872 million of the facility.
Achilles, a global leader in supply chain risk and performance management, has announced the launch of Bank Account Verification in partnership with DIRO, an AI-powered digital verification platform.
A report by the Financial Thames at the weekend says that Thames Water had to pay the due diligence costs of private equity firm KKR for its abandoned financial bid.
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 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 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 has confirmed that its shareholders have now injected £300 million of equity into the group.
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.
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 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.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.