Financial Times: Thames Water’s biggest shareholder writes off investment

Image

Financial Times: Thames Water’s biggest shareholder writes off investment

< 1 minute
May 17, 2024 3:08 pm
 |
 |Carolyn Essid

In an article published in the Financial Times on 17 May, 2024 which examined how Thames Water’s largest shareholder, OMERS, has written off its investment, highlighting the escalating financial crisis at the UK’s biggest water supplier, which is burdened by £18 billion in debt and urgently needs a £750 cash injection, Tim Whittaker, Research Director at EDHEC Infra & Private Assets commented:

With the major shareholder writing off their investment, it is only a matter of time before the government has to take over”.

Read the full coverage here.