A Thames Water logo is pictured on a sign outside the company’s Beddington Sewage Treatment Works, near Croydon, south London on March 14, 2025. Britain’s biggest water supplier, Thames Water, was hit on May 28, 2025 with a record fine of 122.7 million ($165 million) over pollution and improper dividend payments, a regulator said. [Photo/Agencies]
The sole provider of piped drinking water and sewage processing to millions of people in the United Kingdom capital lunged toward insolvency on Tuesday after a major potential investor backed out of a proposed buy-in.
Thames Water had hoped to secure 4 billion pounds ($5.4 billion) of investment from United States private equity giant KKR, to…
