Thames Water secures extra £750m from shareholders to help stave off nationalisation
by Alex Lawson from on (#6CV5C)
Money follows 500m injection in March but troubled utility warns much more future funding needed
Thames Water has secured 750m of emergency funding from its shareholders but the debt-ridden company warned it would need further funding in the years ahead.
The new funds come on top of the 500m investors pumped into Britain's biggest water company in March.
Continue reading...