Latest Thames Water News & Updates

See the latest news and media coverage for Thames Water. We track all announcements, press releases, and industry mentions in real time, all in one place.

Thames Water

Water and wastewater utility serving 16 million people

thameswater.co.uk

Headquarters: Reading, United Kingdom
Company type: Private company
Number of employees: 5,000–7,100
Industry: Water & Related Utilities

Last updated October 29

Latest news about Thames Water

In short: Thames Water faced a deepening financial crisis and political pressure for public ownership amid drought and water outages.

Company announcements

October 16 Thames Water

Thames Water reaches agreement with Class B creditors

The company signed a transaction support agreement involving debt write-off and equity exchange. Discussions on recapitalisation continue with regulators and other stakeholders.

October 14 Thames Water

Thames Water announces approval of its Fifteenth Consent Requests

Approved consent requests allow the company to proceed with implementation steps for super senior funding amendments.

September 29 Thames Water

Thames Water seeks creditor consent for October facility drawdowns

The requests extend a funding condition to 31 October and could enable a further £170 million draw; voting closes 13 October 2026.

September 9 Thames Water

Thames Water receives approval for its thirteenth consent requests and STID proposal

The company will now proceed with implementing the consents and amendments outlined in the approved documents.

Media coverage

October 29 Maritime Journal

Thames Water shortlists three JVs for £5.7bn reservoir

Three construction consortia have been invited to tender to build a 150-billion-litre reservoir in Oxfordshire, UK. The £5.7 billion (€6.9 billion) contract is expected to...

October 28 The Guardian

Thames Water creditors to vote on emergency £2.4bn loan as cash runs low

Campaigners say costly new funds will lead to higher bills, which company denies...

October 28 Utility Week

Ofwat picks new £15m independent monitor for Thames Water

Ofwat has chosen accountancy firm EY for a £15 million contract to oversee the turnaround of struggling Thames Water. The independent monitor will report back...

October 27 Reuters

S&P pushes Thames Water ratings deeper into junk territory on debt restructuring plans

Global ratings agency S&P downgraded Thames Water Utilities by a notch to "CCC-" ‌on Tuesday, saying the UK water supplier's ...

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