Published by Global Banking & Finance Review®
Posted on December 13, 2024
1 min readLast updated: January 27, 2026
Thames Water has gained more investor support for its funding plan, proposing changes to the equity raise terms central to its rescue strategy.
(Reuters) - British utility Thames Water said on Friday it has received increased support from investors in its process to raise new funding and that the company has proposed some changes to the terms of the equity raise at the heart of its rescue plan.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Alan Barona)
The main topic is Thames Water securing increased investor support for its funding plan and proposing changes to equity raise terms.
The funding is crucial to Thames Water's rescue plan, ensuring the company's financial stability and operational continuity.
The news was reported by Pushkala Aripaka in Bengaluru and edited by Alan Barona for Reuters.
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