ThamesWater

Thames Water Eyes CKI as Potential Buyer Amid Special Administration Challenges

20 days ago

Thames Water, the UK’s largest water supplier, is reportedly considering a significant business transition as it anticipates the potential acquisition of the company by CKI (Cheung Kong Infrastructure Holdings). This comes amid alarming financial struggles that have led the company to enter a special administration process, aimed at ensuring sustainability and operational continuity.

Covalis Teams Up with Octopus Energy Unit in Bid for Thames Water

2 months ago

In a significant development within the water management sector, Covalis, a prominent bidder for Thames Water, has announced a strategic partnership with a unit of Octopus Energy. This collaboration is expected to enhance Covalis' proposal for the financial rescue and operational overhaul of Thames Water, which has been facing severe financial challenges.

Thames Water Rescue Bidder Questions Viability of Sale Process Amid Financial Turmoil

2 months ago

In a recent turn of events, one of the bidders vying for the troubled Thames Water has expressed serious doubts about the feasibility of the sale process. As the UK's largest water provider grapples with mounting financial challenges, the struggles have deepened, influencing both investor sentiment and operational stability.

Thames Water Prohibited from Utilizing Customer Funds for Bonuses

4 months ago

In a significant development for the UK's largest water supplier, Thames Water has been barred from using its customers' money to fund bonuses for its executives. This decision follows increasing scrutiny and pressure from regulators and consumer advocacy groups, especially in light of the company’s financial struggles and growing customer dissatisfaction with its services.