WaterManagement

Thames Water Eyes CKI as Potential Buyer Amid Special Administration Challenges

2 months 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.

UK Water Companies Triumph in Landmark Lawsuit Regarding Sewage Leak Issues

2 months ago

In a significant legal victory for major water companies across the United Kingdom, a court ruling has cleared them of liability concerning widespread sewage leaks into local waterways. The ruling, delivered by a High Court judge, dismissed lawsuits filed by environmental groups that had accused the water firms of negligence regarding the treatment and disposal of sewage. This landmark decision comes as concerns over environmental contamination and public health continue to escalate amidst ongoing discussions about infrastructure improvements.

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

3 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.