Thames Water creditors to pledge no sale before 2030: Report

Thames Water creditors pledge £1billion rescue package

A consortium of creditors has unveiled an enhanced proposal to rescue Thames Water from potential Government takeover, pledging an additional £1billion in funding.The London & Valley Water group aims to restructure Britain's largest water utility, which provides services to 16 million customers across the capital and surrounding areas.The revised offer includes provisions to eliminate around one-third of the company's debt burden, which currentl…

Thames Water creditors to pledge no sale before 2030, Sky News reports

Some creditors of Thames Water will pledge to retain their ownership in the struggling British utility until 2030 as part of a rescue plan, Sky News reported on Tuesday.

Thames Water creditors to pledge no sale before 2030

The group of lenders which want to take control of Britain’s biggest water utility and keep it out of government ownership are to pledge to the industry regulator that they will not offload the company before the end of the decade.

Thames Water creditors submit last-ditch rescue plan to avoid collapse - Water Magazine

Thames Water’s senior creditors have submitted a revised rescue plan to Ofwat as the company continues to face significant financial pressures. The proposal, announced today (2 October 2025), is intended to prevent the utility from being placed into special administration by the UK government. The group of lenders, operating under the name London & Valley Water, outlined measures including the write-off of approximately £7.5 billion of debt and …

Thames Water creditors offer £4bn debt write-off

Creditors of Thames Water have made a rescue offer for the failing company by allowing a £4bn write-off of their debt in return for changed targets on pollution incidents.  The deal would see 25 per cent of Thames Water’s debt written off but the group, under the consortium London & Valley Water, would see regulators change targets on pollution and sewage.  Lenders to Thames Water said its plan was the “fastest and most reliable route” to save t…