Thames Water Seeks £2.4 Billion More Emergency Funding
Thames Water said it needs to increase its emergency funding facility by £2.4 billion to £5.4 billion to keep operating into autumn 2027. It has drawn £2.65 billion of its existing £3 billion lifeline.
Thames Water said on Thursday it needs to raise its emergency funding facility by £2.4 billion ($3.2 billion), bringing it to £5.4 billion, to continue operating into autumn 2027. The company has drawn £2.65 billion of its existing £3 billion lifeline, it said. Under its latest forecasts…