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Thames Water reports a £1.65 billion loss, facing debt and pollution issues, seeks rescue funding.
Thames Water, Britain's largest water supplier, reported a £1.65 billion annual loss, with debt rising to £16.79 billion.
The company faces a surge in pollution incidents, up 34.3% to 470, and is in talks with creditors for a rescue funding deal after KKR withdrew a £4 billion investment plan.
Thames Water's CEO, Chris Weston, says the company is working on a plan to recapitalize the business, which could take over a decade.
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Thames Water informa una pérdida de £ 1.65 mil millones, enfrenta problemas de deuda y contaminación, busca fondos de rescate.