Thames Water pulled back from the brink after investors pump in £750-million into company

Thames Water said its investors had agreed to inject £750-million into the company, helping to stave off the threat of nationalization, but Britain’s biggest water utility warned it would need further investment in the years ahead.

“We have £4.4-billion of capital sitting there, we can draw down on that, we’re absolutely not close to that trigger,” she told BBC Radio. It also warned in its statement on Monday that over the 2025-2030 period it would need further equity of around £2.5 billion. The company’s performance has dropped in recent years but its debt levels mean it has little wiggle room to fund the upgrade of its aging infrastructure.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Global dApp industry marches on despite headwinds in Q2 2023Global dApps tracking platform DappRadar published a report recently, revealing fascinating insights into the evolution of the dApp landscape in the second quarter of 2023.
แหล่ง: CryptoAmb - 🏆 22. / 68 อ่านเพิ่มเติม »