US EditionThames Water creditors outline £20.5bn investment aims under rescue plans
- Thames Water's creditors have proposed £20.5 billion in investment to improve the company's performance and avoid nationalisation, aiming to make it one of the biggest infrastructure projects in the UK.
- The London & Valley Water consortium aims to reduce sewage spills by at least 135 a year and enhance drinking water quality for Thames Water's 16 million customers under their plans.
- The investment plan includes £9.4 billion for sewage and water asset improvements, with £3.9 billion allocated for sewage treatment upgrades and £2.7 billion aimed at preventing sewage spills.
- Mike McTighe stated that the investment will transform Thames Water's services for 16 million customers and rebuild public trust.
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17 Articles
Sky News UKReposted by 
khbrknews
khbrknewsThames Water rescue plan promises £20.5bn investment
A consortium of Thames Water creditors is seeking the agreement of the regulator for its updated operational investment proposals to avert the prospect of being wiped out, should their rescue bid fail.
·United Kingdom
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Evening Standard+3 Reposted by 3 other sources
Thames Water creditors outline £20.5bn investment aims under rescue plans
The London & Valley Water consortium is pledging to ‘fix the foundations’ of Thames Water with the mammoth spending proposal put forward to Ofwat.
·London, United Kingdom
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The IndependentReposted by 
The Independent (US)
The Independent (US)Thames Water unveil £20.5 billion action plan to revive struggling water firm
Thames Water is on the brink of nationalisation as it struggles under a mountain of debts
·London, United Kingdom
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Thames Water rescue plan - full 20.5bn consortium's plan for fixing company
The consortium of 15 investors, known as the London & Valley Water consortium, has set out plans for how a 20.5bn investment would 'fix the foundations' of the UK's biggest water supplier
·London, United Kingdom
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Total News Sources17
Leaning Left3Leaning Right1Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 30%
C 60%
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