Finance and Investment
Infrastructure Minister for Northern Ireland Liz Kimmins has told the Northern Ireland Assembly that NI Water must operate within its budget and do the best it can with available resources.
Thames Water has announced it is seeking a further drawing of £157 million in July 2025 from the initial £1.5 billion loan available under the group's liquidity facility.
Southern Water has secured an offer of a equity support package totalling up to £1.2 billion from Macquarie, comprising an initial binding £655 million with up to a further £545 million intended to be committed by December 2025.
Tideway, the company behind London's super sewer which is now operational, has become the first corporate to issue a 'Blue Bond' in Sterling.
Thames Water may have to restate its accounts for the finalcial year ended March 2024, according to a report in the Financial Times at the weekend.
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Expert Focus
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Thames Water starts work on £20 million pipe upgrade in Islington February 13, 2024
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