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There are fears that if Thames Water collapses, Labour will have no choice but to step in and temporarily renationalise the company at an estimated cost of £38bn to the taxpayer. This includes ...
Thames Water serves around 16 million customers, almost 25% of the UK’s population, but it is in about £16bn of debt and needs £3.3bn over the next five years to keep running.
Thames Water is trying to secure £3bn in emergency funding to protect against imminent collapse, a plan which London’s High Court will decide on in Febrary. The company is also looking to find ...
The “A plan”, drawn up by a cluster of investment giants including BlackRock, Abrdn and M&G, would effectively guarantee Thames Water can keep operating until 2026 by providing £1.5 billion ...
The Thames Water Ring Main (TWRM, formerly the London Water Ring Main) is a system of approximately 80 km (50 mi) of concrete tunnels which transfer drinking water from water treatment works in the Thames and River Lea catchments for distribution within central London.
The Coppermills Water Treatment Works is a large water treatment works in the Lea Valley in east London. Completed in 1969 by the Metropolitan Water Board, [1] it is now owned and operated by Thames Water. In 2009, Coppermills was connected to the Thames Water Ring Main via the Northern Extension Tunnel, enabling the facility to be a major ...
The Thames Gateway Water Treatment Works or Beckton Desalination Plant is a desalination plant in Beckton, London, adjacent to Beckton Sewage Treatment Works. [1] The plant takes brackish water from the River Thames and converts it into drinkable water through a reverse osmosis process.
Investors in Thames Water have agreed to put an extra £750 million ($962 million) of equity funding into the troubled utility to hold off a temporary takeover by the government. The amount is ...