Reported about 1 year ago
Thames Water, the largest water company in Britain, is at risk of running out of cash if the industry regulator rejects its £20 billion business plan, crucial for a five-year infrastructure overhaul. If the proposal is declined, Thames Water may struggle to secure necessary funding to remain operational. The company's liquidity is projected to last only until May 2025, with growing net debt and the possibility of government intervention if new equity cannot be obtained.
Source: YAHOO