Showing 13 to 24 of 61 results
Thames Water Seeks Regulatory Relief in Recapitalization Plan
Facing potential nationalization, Thames Water's lenders proposed a recapitalization plan that includes regulatory changes, reduced penalties for past environmental violations, and a 20% debt writedown, sparking debate about environmental enforcement and government intervention.
Thames Water Seeks Regulatory Relief in Recapitalization Plan
Facing potential nationalization, Thames Water's lenders proposed a recapitalization plan that includes regulatory changes, reduced penalties for past environmental violations, and a 20% debt writedown, sparking debate about environmental enforcement and government intervention.
Progress
56% Bias Score
Thames Water Creditors Demand Immunity for Environmental Crimes
Facing £20bn debt, Thames Water's creditors demand immunity from prosecution for environmental crimes as a condition for a takeover, raising concerns about regulatory oversight and potential environmental damage.
Thames Water Creditors Demand Immunity for Environmental Crimes
Facing £20bn debt, Thames Water's creditors demand immunity from prosecution for environmental crimes as a condition for a takeover, raising concerns about regulatory oversight and potential environmental damage.
Progress
56% Bias Score
KKR Pulls Out of Thames Water Rescue Deal
KKR withdrew its proposed £4 billion rescue deal for Thames Water due to concerns over potential regulatory and political backlash, exposing systemic problems within the privatized water industry and highlighting the ineffective regulation by Ofwat.
KKR Pulls Out of Thames Water Rescue Deal
KKR withdrew its proposed £4 billion rescue deal for Thames Water due to concerns over potential regulatory and political backlash, exposing systemic problems within the privatized water industry and highlighting the ineffective regulation by Ofwat.
Progress
56% Bias Score
KKR Withdraws from Thames Water Deal, Raising Prospect of Nationalization
Facing £20bn debt, the UK's largest water supplier, Thames Water, lost its preferred equity investor KKR, jeopardizing operations and potentially leading to temporary nationalization after failing to secure alternative funding by June.
KKR Withdraws from Thames Water Deal, Raising Prospect of Nationalization
Facing £20bn debt, the UK's largest water supplier, Thames Water, lost its preferred equity investor KKR, jeopardizing operations and potentially leading to temporary nationalization after failing to secure alternative funding by June.
Progress
60% Bias Score
Thames Water Hit with Record £123 Million Fine for Environmental Violations
Thames Water, serving 16 million UK customers, was fined £123 million by Ofwat for years of environmental violations, including excessive sewage discharges and infrastructure neglect, following the regulator's largest-ever investigation into the UK water industry.
Thames Water Hit with Record £123 Million Fine for Environmental Violations
Thames Water, serving 16 million UK customers, was fined £123 million by Ofwat for years of environmental violations, including excessive sewage discharges and infrastructure neglect, following the regulator's largest-ever investigation into the UK water industry.
Progress
48% Bias Score
Thames Water Fined \$166 Million for Sewage Pollution and Dividend Violations
Britain's Thames Water was fined \$166 million for sewage pollution and dividend rule violations, the largest penalty ever imposed by Ofwat; the fine will be paid by the company and its investors, not customers.
Thames Water Fined \$166 Million for Sewage Pollution and Dividend Violations
Britain's Thames Water was fined \$166 million for sewage pollution and dividend rule violations, the largest penalty ever imposed by Ofwat; the fine will be paid by the company and its investors, not customers.
Progress
40% Bias Score
Thames Water Receives £5bn Bailout Amidst Regulatory Scrutiny
Facing a £20bn debt crisis, Thames Water secured a £5bn rescue package from lenders, involving debt write-offs and regulatory leniency requests that are currently under review by Ofwat.
Thames Water Receives £5bn Bailout Amidst Regulatory Scrutiny
Facing a £20bn debt crisis, Thames Water secured a £5bn rescue package from lenders, involving debt write-offs and regulatory leniency requests that are currently under review by Ofwat.
Progress
44% Bias Score
KKR Pulls Out of Thames Water Takeover, Leaving Creditors to Tackle £20bn Turnaround
KKR withdrew its bid to take over debt-laden Thames Water, leaving a group of creditors – including US hedge funds – responsible for a £20bn, 15-year turnaround plan, raising concerns about potential environmental and customer service impacts.
KKR Pulls Out of Thames Water Takeover, Leaving Creditors to Tackle £20bn Turnaround
KKR withdrew its bid to take over debt-laden Thames Water, leaving a group of creditors – including US hedge funds – responsible for a £20bn, 15-year turnaround plan, raising concerns about potential environmental and customer service impacts.
Progress
48% Bias Score
Thames Water Faces Nationalization After KKR Pulls Out of Rescue Deal
KKR's withdrawal from a "4 billion rescue plan leaves Thames Water, burdened by "20 billion in debt, facing potential nationalization after failing to secure alternative investment; the UK government is monitoring the situation closely.
Thames Water Faces Nationalization After KKR Pulls Out of Rescue Deal
KKR's withdrawal from a "4 billion rescue plan leaves Thames Water, burdened by "20 billion in debt, facing potential nationalization after failing to secure alternative investment; the UK government is monitoring the situation closely.
Progress
64% Bias Score
KKR Withdraws from Thames Water Rescue Bid
Facing a £22.8bn debt, Thames Water's rescue bid by KKR failed, prompting the company to seek alternative financing solutions by July to avoid government intervention, following a record fine and government proposals for increased industry regulation.
KKR Withdraws from Thames Water Rescue Bid
Facing a £22.8bn debt, Thames Water's rescue bid by KKR failed, prompting the company to seek alternative financing solutions by July to avoid government intervention, following a record fine and government proposals for increased industry regulation.
Progress
44% Bias Score
Record £123m Fine for Thames Water Over Sewage Spills and Dividend Breaches
Thames Water was fined a record £104 million by Ofwat for sewage spills and a further £18.2 million for dividend rule breaches, marking the toughest crackdown on water companies in history and prompting calls for public ownership.
Record £123m Fine for Thames Water Over Sewage Spills and Dividend Breaches
Thames Water was fined a record £104 million by Ofwat for sewage spills and a further £18.2 million for dividend rule breaches, marking the toughest crackdown on water companies in history and prompting calls for public ownership.
Progress
56% Bias Score
Thames Water Withdraws Bonuses from £3bn Loan Amidst Investigation
Thames Water's plan to pay substantial bonuses to senior managers from a £3bn emergency loan, initially justified as necessary for staff retention, has been withdrawn following public outrage and revelations that the company's chair misrepresented creditors' involvement. MPs are now investigating wh...
Thames Water Withdraws Bonuses from £3bn Loan Amidst Investigation
Thames Water's plan to pay substantial bonuses to senior managers from a £3bn emergency loan, initially justified as necessary for staff retention, has been withdrawn following public outrage and revelations that the company's chair misrepresented creditors' involvement. MPs are now investigating wh...
Progress
60% Bias Score
Showing 13 to 24 of 61 results