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Thames Water creditors outline £20.5bn investment aims under rescue plans

  • Thames Water's creditors have proposed £20.5 billion in investment to improve the company's performance and avoid nationalisation, aiming to make it one of the biggest infrastructure projects in the UK.
  • The London & Valley Water consortium aims to reduce sewage spills by at least 135 a year and enhance drinking water quality for Thames Water's 16 million customers under their plans.
  • The investment plan includes £9.4 billion for sewage and water asset improvements, with £3.9 billion allocated for sewage treatment upgrades and £2.7 billion aimed at preventing sewage spills.
  • Mike McTighe stated that the investment will transform Thames Water's services for 16 million customers and rebuild public trust.
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17 Articles

Oxford MailOxford Mail
+3 Reposted by 3 other sources
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Thames Water creditors outline £20.5bn investment in rescue plans

Creditors for Thames Water have outlined its £20.5bn rescue plan as the company attempts to avoid renationalisation.

·Oxford, United Kingdom
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Evening StandardEvening Standard
+3 Reposted by 3 other sources
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Thames Water creditors outline £20.5bn investment aims under rescue plans

The London & Valley Water consortium is pledging to ‘fix the foundations’ of Thames Water with the mammoth spending proposal put forward to Ofwat.

·London, United Kingdom
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The Independent broke the news in London, United Kingdom on Tuesday, September 2, 2025.
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