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Thames Water Utilities Limited: owners, debt, regulators and restructuring

Thames Water Utilities Limited: participants and roles

Holding companies, shareholders, financing subsidiaries, creditor groups, regulators, courts, directors and advisers connected with Thames Water Utilities Limited, with the period and source of each role.

published
25 oct 2026
records as of
17 oct 2026
entities
156
sources
123
cite entities.csv
Shareholder (4.344%)DirectorDirectorDirectorAdviser and related-party service provider to the TWUL group (£16.3m in 2024/25; £18.5m in 2025/26)Shareholder (5.530%)DirectorDirectorDirectorDirectorDirectorShareholder (4.996%; 99,493,484 shares as general partner)Director (three periods)Director (three periods)Related-party service provider to the TWUHL group (£25.9m)DirectorDirectorIndependent non-executive directorDirectorSecurity agent under the 2006 debenturesShareholder (8.706%) through Terrace IRR GP Inc.; first invested in 2006Investment manager of the holding corporationUltimate Controller (Ofwat, 2018)Shareholder (8.699%; 173,251,041 shares) as custodian trustee of the BT Pension SchemeUltimate Controller (Ofwat, 2018)Ultimate Controller (Ofwat letter of September 2025)Director (separate register record matched by name and birth month)Chief financial officer and directorRelated-party service provider to the TWUL group (£32,000 in 2024/25)Shareholder of record (392,546,862 shares); an initial investorUltimate Controller (Ofwat letter of September 2025)Shareholder (8.688%) through Cicero Investment CorporationShareholder of record (173,032,146 shares; 8.688%); an initial investorUltimate Controller (Ofwat lists of 2018 and September 2025)Backstopped and supported the restructuring plan of (respondent to the appeal)Opposed the restructuring plan of and proposed an alternative (B Plan)Party, with Class A creditors, to the Class B transaction support agreement withAuthority to which TWUL asked Ofwat to refer its PR24 determination (reference deferred)DirectorChief financial officer and directorDirectorDirectorPerson with significant control (75% or more)Person with significant control (75% or more)Person with significant control (75% or more; right to appoint directors) (+1)Corporate directorCorporate directorDirectorDirectorDirectorDirectorIndependent non-executive director appointed under the August 2024 undertakings (restructuring experience)DirectorGovernment department of the Secretary of State who issues the licence of appointment ofSecurity trustee and chargee for the Kemble holding-company debtSecurity trustee and chargeeSecurity trustee under the WBS documentsSecurity trustee of the WBS and holder of charges over TWUL’s assetsDrinking water quality regulator; issued enforcement orders and a lead-risk notice toEnvironmental regulator; prosecuted TWUL for pollution offencesShareholder of record (110,129,892 shares); an initial investor under the shareholders’ agreementShareholder of record (86,833,760 shares); an initial investor under the shareholders’ agreementShareholder of record (435,906,071 shares)Shareholder of record (435,906,071 shares)Person with significant control (75% or more of votes)General counsel and company secretary of the plan companyCompany secretaryMember (LLP member)DirectorDirectorDirectorChief restructuring officer and directorFormer person with significant control (more than 25% and up to 50% of votes)Investment manager for the BT Pension Scheme’s holdingFormer parent company (person with significant control, 75% or more)Director (separate register record)Non-executive director representing USSShareholder (9.900%; 197,168,400 shares)Ultimate Controller (Ofwat lists of 2018 and September 2025)Related-party service provider to the TWUL group (£18,000)Person with significant control (75% or more)Appellant (for the Class B ad hoc group) against the sanction of the plan ofDirectorDirectorDirectorIndependent non-executive directorSecurity trustee party to the super senior loan agreement guaranteed bySecurity trustee for the super senior funding and chargeeParent company (100%; person with significant control) (+1)Parent company (person with significant control)Parent company (person with significant control, 75% or more; shares pledged as security) (+1)Parent company (person with significant control, 75% or more of shares and votes; shares pledged as security)Parent company (direct 100% subsidiary)Group company held by the Kemble group (principal undertaking)Group company held by the Kemble group (principal undertaking)Parent company (direct 100% subsidiary; person with significant control) (+1)Indirect parent company (100%)Ultimate parent company (indirect 100% ownership) (+1)Parent company (person with significant control)Former shareholder (47.65% in 2007; 26.315% in 2014; PSC to 31 May 2017) for Macquarie-managed fundsBuyer and parent company (100%)Indirect parent company as buyer of Thames Water Holdings PlcPerson with significant control (75% or more)General partner (right to appoint or remove the persons who manage the partnership)Director (separate register record in the same full name)DirectorDirectorDirectorIndependent non-executive directorIndependent monitor under the August 2024 undertakingsMember of the Macquarie holding company; bought Macquarie Bank’s remaining interestConsortium of senior (Class A) creditors proposing the recapitalisation ofDirectorIndependent non-executive directorFormer holder of an interest, sold in 2007DirectorDirectorDirectorDirectorDirectorChairman and directorDirectorDirectorDirectorDirectorDirectorDirectorDirectorChairman and directorOpposed, for customers and the public interest, and appealed the restructuring plan ofDirectorDirectorDirectorDirectorIndependent non-executive directorDirectorDirectorDirectorManaging director at OMERS Infrastructure; OMERS’s representative on the Thames Water boardDirectorDirectorDirectorNon-executive director representing OMERSMember of the Macquarie holding companyMember of the Macquarie holding companyMember of the Macquarie holding companyJoint Ultimate Controller giving a licence undertakingJoint Ultimate Controller giving a licence undertakingMember of the Macquarie holding companySeller of the remaining Macquarie-managed 26% interestDirectorDirectorDirectorChair and directorRelated-party service provider to the TWUL group (£10,000)Member of the Macquarie holding companyAppointed Standstill Cash Manager under the common terms agreementDirectorDirectorIndependent non-executive directorDirectorCorporate company secretaryCorporate company secretaryDirectorDirectorDirectorDirectorDirectorEconomic regulator of the appointed water and sewerage undertakerOwner (as reported in the press)Largest shareholder (31.777%) through OMERS Farmoor vehicles; reported to have written off its investment in May 2024Ultimate Controller (Ofwat, 2018)Ultimate Controller (Ofwat letter of September 2025)Shareholder (4.344%)Minister of State for Climate Change and the EnvironmentEconomic Secretary to the Treasury (earlier also assistant whip and Lord Commissioner)DirectorIndependent non-executive directorShareholder (2.172%; 43,258,036 shares)DirectorDirectorDirectorDirectorDirectorShareholder (1.238%)Shareholder (2.020%)Independent auditorShareholder (5.352%)Shareholder of record (106,583,411 shares) as trustee of a QIC portfolio trustShareholder (8.688% in 2014)Proposed class representative bringing collective proceedings against (as co-defendant with TWUL)Proposed class representative bringing collective proceedings againstDirectorDirectorDirectorDirectorIndependent non-executive director appointed under the August 2024 undertakings (restructuring experience)Shareholder (2.389%)DirectorIndependent non-executive directorShareholder (7.400% in 2014); BCI vehicleShareholder of record (173,396,897 shares)Former shareholder of record (173,396,897 shares transferred to Terrace IRR GP Inc.)Parent company (100%) of Thames Water PlcIndirect parent company (100% through Thames Water Plc)Bore the audit fees ofParent company (person with significant control, 75% or more of shares and votes) (+3)Parent company (100%), as Thames Water Plc, before TWUHL was interposedLender of the super senior intercompany facility (proceeds of its bonds and loans)Proposed parent of the new upsize issuer (through its holding company)Cross-guarantor of the super senior funding ofGuarantor of notes issued byLends the proceeds of WBS bonds, loans and private placements to (intercompany loans, recharged with a 0.10% margin)Guarantor of the super senior debt ofGuarantor of TWUF’s obligations under the WBS finance documentsImmediate parent company (100%; person with significant control, 75% or more of shares and votes) (+2)Surrendered tax losses for group relief settled by (with Thames Water Limited) (+3)Its dividends, passed up the chain, funded the debt interest of (£37.5m in October 2023; £60.0m in 2012/13) (+1)Surrendered tax losses for group relief settled by (with Kemble Water Eurobond plc)Parent company (person with significant control, 75% or more of shares and votes) (+1)Guarantor of notes issued byParent company of its financing subsidiary (person with significant control, 75% or more; shares pledged as security) (+1)Cross-guarantor under the WBS finance documents (each guarantees the other)Paid dividends to (£195.8m for 2023/24; none since) (+1)Shareholder (19.710%) through Church Water Investment Limited; bought a further 8.77% in December 2021Ultimate Controller (Ofwat, 2018)Person with significant control (75% or more of votes and of rights to surplus assets)Trustee company of the schemeCorporate company secretaryShareholder (1.306% in 2014); BCI vehicleUltimate Controller (Ofwat letter of September 2025)Officer writing from a bci.ca address (BCI vehicles’ president and director)PresidentOnly listed directorPresident (2018 letter); only listed director (Corporations Canada)Director (separate register record matched by name and birth month)Director (separate register record matched by name and birth month)DirectorChief executive officer and directorUltimate Controller (Ofwat, 2018)Former shareholder of record (174,694,999 shares transferred)Buyer of part of the Macquarie interest in 2017; sold its 8.77% to USS in December 2021AlixPartners UKLLPAlixPartners UK LLPPricewaterhouseCoopers LLPPricewaterhouseCoopers LLPWilliam AlexanderWilliam AlexanderDeutsche TrusteeCompany LimitedDeutsche Trustee Company LimitedThames Water(Kemble) FinancePLCA15Thames Water (Kemble) Finance PLCA15: Holding-company debt defaults (April 2024)Norose CompanySecretarialServices LimitedNorose Company Secretarial Services LimitedAMEC FosterWheeler LimitedAMEC Foster Wheeler LimitedAGS AirportsLimitedAGS Airports LimitedBAE Systems plcBAE Systems plcThames WaterHoldings LimitedThames Water Holdings LimitedCSC Directors(No.1) LimitedCSC Directors (No.1) LimitedCSC CapitalMarkets UK LimitedCSC Capital Markets UK LimitedArqiva LimitedArqiva LimitedAlastair CochranAlastair CochranCraig AndersonCraig AndersonJulian GethingJulian GethingKroll TrusteeServices LimitedKroll Trustee Services LimitedThames WaterHoldings PlcThames Water Holdings PlcKemble WaterFinance LimitedA15Kemble Water Finance LimitedA15: Holding-company debt defaults (April 2024)Paul O'DonnellPaul O'DonnellSir Peter MasonSir Peter MasonKemble WaterInvestmentsLimitedKemble Water Investments LimitedKemble WaterStructure LimitedKemble Water Structure LimitedBarclays Bank PLCBarclays Bank PLCThames Water SuperSenior HoldcoLimitedThames Water Super Senior Holdco LimitedCSC CorporateServices (UK)LimitedCSC Corporate Services (UK) LimitedCSC Directors(No.2) LimitedCSC Directors (No.2) LimitedTSB Banking GroupplcTSB Banking Group plcNeil RobsonNeil RobsonThames WaterUtilities FinanceplcThames Water Utilities Finance plcThames WaterUtilities HoldingsLimitedA13Thames Water Utilities Holdings LimitedA13: Court-sanctioned restructuring plan; companies described as insolvent (2025)Thames WaterLimitedThames Water LimitedNicholas PikeNicholas PikeKemble WaterEurobond PlcKemble Water Eurobond PlcKemble WaterLimitedKemble Water LimitedOntario MunicipalEmployeesRetirement SystemOntario Municipal Employees Retirement SystemOMERS FarmoorSingapore Pte. LtdOMERS Farmoor Singapore Pte. LtdKemble WaterLiberty LimitedKemble Water Liberty LimitedCharlie Maynard MPCharlie Maynard MPNirmal KotechaNirmal KotechaMajor ProjectsAssociationMajor Projects AssociationAlloraInfrastructureLimitedAllora Infrastructure LimitedAidan de BrunnerAidan de BrunnerThames Water SuperSenior Issuer plcThames Water Super Senior Issuer plcAd hoc group ofClass B creditorsAd hoc group of Class B creditorsThames WaterUtilities LimitedA1 · A2 · A3 · A4 · A5 · A6 · A7 · A8 · A9 · A10 · A11 · A12 · A13 · A14 · A16Thames Water Utilities LimitedA1: Environment Agency pollution prosecutions and fines (2016–2023) · A2: Ofwat wastewater enforcement order and £104.5m penalty (May 2025) · A3: Ofwat Condition P30 dividend penalty of £18.2m (May 2025) · A4: Leakage failures: 2006 undertaking and 2018 investigation with £1 penalty · A5: Credit-rating licence breach and undertakings (2024) · A6: Ofwat Turnaround Oversight Regime (from July 2024) · A7: Drinking Water Inspectorate enforcement orders (September 2024) · A8: Open Ofwat WINEP and Environment Agency permit investigations · A9: Performance penalties, pollution incidents and lowest ratings (2024–25) · A10: Lowest Ofwat financial resilience category (2024 and 2025) · A11: Directors’ bonus ban triggered for 2024/25 · A12: Collective competition claim over pollution reporting (dismissed; Supreme Court appeal pending) · A13: Court-sanctioned restructuring plan; companies described as insolvent (2025) · A14: Material uncertainty and possible special administration · A16: Pending Environment Agency prosecution for five pollution incidents (guilty pleas; deliberate culpability disputed)Michael McNicholasMichael McNicholasCadent Gas LimitedCadent Gas LimitedSir AdrianMontagueSir Adrian MontagueLuis FernandoArana AbrairaLuis Fernando Arana AbrairaProfessor CarolynRobertsProfessor Carolyn RobertsCicero InvestmentCorporationCicero Investment CorporationAviva plcAviva plcInframonikAdvisory LimitedInframonik Advisory LimitedSteve BuckSteve BuckAnglian WaterServices LimitedAnglian Water Services LimitedThames Water SuperSenior UpsizeIssuer PLCThames Water Super Senior Upsize Issuer PLCNick LandNick LandAndrew FraiserAndrew FraiserIan PearsonIan PearsonThames WaterUtilities CaymanFinance LimitedThames Water Utilities Cayman Finance LimitedDrinking WaterInspectorateDrinking Water InspectorateNatWest MarketsplcNatWest Markets plcInfinityInvestments SAInfinity Investments SATorfino IMCCorporation LtdTorfino IMC Corporation LtdChina InvestmentCorporationChina Investment CorporationUniversitiesSuperannuationSchemeUniversities Superannuation SchemeMacquarieInfrastructure andReal AssetsMacquarie Infrastructure and Real AssetsOMERSInfrastructureEuropean HoldingsB.V.OMERS Infrastructure European Holdings B.V.Adam BanksAdam BanksCrest NicholsonHoldings plcCrest Nicholson Holdings plcIHS HoldingLimitedIHS Holding LimitedKington S.à r.l.Kington S.à r.l.Department forEnvironment, Foodand Rural AffairsDepartment for Environment, Food and Rural AffairsLondon & ValleyWaterLondon & Valley WaterMEIF II LuxembourgHoldings S.à r.l.MEIF II Luxembourg Holdings S.à r.l.BriTel FundTrustees LimitedBriTel Fund Trustees LimitedMartin CookeMartin CookeKemble WaterHoldings LimitedA12Kemble Water Holdings LimitedA12: Collective competition claim over pollution reporting (dismissed; Supreme Court appeal pending)SAS TrusteeCorporationSAS Trustee CorporationQueenslandInvestmentCorporationQueensland Investment CorporationQIC InfrastructureManagement Pty LtdQIC Infrastructure Management Pty LtdTerrace IRR GPInc.Terrace IRR GP Inc.Vitality UKHoldings LimitedVitality UK Holdings LimitedVidendum plcVidendum plcAd hoc group ofClass A creditorsAd hoc group of Class A creditorsbcIMC InvestmentCorporationbcIMC Investment CorporationPeter AntolikPeter AntolikArjunInfrastructurePartners LimitedArjun Infrastructure Partners LimitedMEIF LuxembourgHoldings S.à r.l.MEIF Luxembourg Holdings S.à r.l.BriTel FundsLimitedBriTel Funds LimitedWren HouseInfrastructureManagement LimitedWren House Infrastructure Management LimitedPIP2GV (TW)LimitedPIP2GV (TW) LimitedKemble VenturesHoldings LimitedKemble Ventures Holdings LimitedbcIMC WCBAFSIIF101 2006InvestmentCorporationbcIMC WCBAF SIIF101 2006 Investment CorporationBritish ColumbiaInvestmentManagementCorporationBritish Columbia Investment Management CorporationLincoln WebbLincoln WebbbcIMC SIF101 2006InvestmentCorporationbcIMC SIF101 2006 Investment CorporationAmphoraIntermediate IILimitedAmphora Intermediate II LimitedEnvironment AgencyEnvironment AgencyOfwatOfwatHM TreasuryHM TreasuryChris WestonChris WestonBritish GasLimitedBritish Gas LimitedKuwait InvestmentAuthorityKuwait Investment AuthorityQIC DiversifiedInfrastructure(Jersey) LimitedQIC Diversified Infrastructure (Jersey) LimitedOptrustInfrastructureEurope 1 IncOptrust Infrastructure Europe 1 IncAMP CapitalInvestors (KembleWater) SarlAMP Capital Investors (Kemble Water) SarlUniversitiesSuperannuationScheme LimitedUniversities Superannuation Scheme LimitedMacquarie EuropeanInfrastructureFund LPMacquarie European Infrastructure Fund LPMacquarie PRISMPty LtdMacquarie PRISM Pty LtdMacquarie EuropeanInfrastructureFund IIMacquarie European Infrastructure Fund IIBritish SteelLimitedBritish Steel LimitedMott MacDonaldGroup LimitedMott MacDonald Group LimitedAndrew McNaughtonAndrew McNaughtonCompetition andMarkets AuthorityCompetition and Markets AuthorityCentrica plcCentrica plcJohn Holland-KayeJohn Holland-KayeHermes GPE LLPHermes GPE LLPFederated HermesLimitedFederated Hermes LimitedPIP2PX (TW)LimitedPIP2PX (TW) LimitedStichtingPensioenfonds ABPStichting Pensioenfonds ABPChurch WaterInvestment LimitedChurch Water Investment LimitedL3 InvestmentHoldings LPL3 Investment Holdings LPKemble WaterInternationalHoldings LimitedKemble Water International Holdings LimitedMacquarie-FSSInfrastructureTrustMacquarie-FSS Infrastructure TrustHannah NixonHannah NixonThe FinancialReporting CouncilLimitedThe Financial Reporting Council LimitedSpeedy Hire plcSpeedy Hire plcCatherine LynnCatherine LynnLondon SouthendAirport CompanyLimitedLondon Southend Airport Company LimitedHeathrow AirportHoldings LimitedHeathrow Airport Holdings LimitedGPE PartnerLimitedGPE Partner LimitedOMERS Farmoor 2Holdings B.V.OMERS Farmoor 2 Holdings B.V.OMERS Farmoor SGPLPOMERS Farmoor SGP LPOMERS Farmoor 3Holdings B.V.OMERS Farmoor 3 Holdings B.V.USS SecretarialServices LimitedUSS Secretarial Services LimitedL3 InvestmentHoldings GpLimitedL3 Investment Holdings Gp LimitedMacquarieDiversifiedInfrastructureFundMacquarie Diversified Infrastructure FundLODH MacquarieInfrastructureFund LPLODH Macquarie Infrastructure Fund LPRetail Energy CodeCompany LimitedRetail Energy Code Company LimitedRichard AylardRichard AylardSheffieldForgemastersEngineeringLimitedSheffield Forgemasters Engineering LimitedSouthStaffordshireWater PLCSouth Staffordshire Water PLCScotia GasNetworks LimitedScotia Gas Networks LimitedJill SheddenJill SheddenSpirit EnergyLimitedSpirit Energy LimitedWren HouseInfrastructureInvestmentsLimitedWren House Infrastructure Investments LimitedAquila GP Inc.Aquila GP Inc.StichtingPensioenfonds Zorgen WelzijnStichting Pensioenfonds Zorg en WelzijnThe Royal Bank ofScotland plcThe Royal Bank of Scotland plcOMERSInfrastructure(Farmoor) Pte LtdOMERS Infrastructure (Farmoor) Pte LtdMacquarie BankLimitedMacquarie Bank LimitedKroll IssuerServices LimitedKroll Issuer Services LimitedWorldpay (UK)LimitedWorldpay (UK) LimitedL.E.K. ConsultingL.E.K. Consulting

Solid line: documented. Amber dashed: reported. Grey dotted: hypothesis. One arrow: the relationship as stated; two arrows: reciprocal; no arrow: symmetric. A path between two parties does not transfer an allegation from one to the other.

every party and relationship in full, as text ↓

Information markers
  • A1 · Environment Agency pollution prosecutions and fines (2016–2023) — Thames Water Utilities Limited
  • A2 · Ofwat wastewater enforcement order and £104.5m penalty (May 2025) — Thames Water Utilities Limited
  • A3 · Ofwat Condition P30 dividend penalty of £18.2m (May 2025) — Thames Water Utilities Limited
  • A4 · Leakage failures: 2006 undertaking and 2018 investigation with £1 penalty — Thames Water Utilities Limited
  • A5 · Credit-rating licence breach and undertakings (2024) — Thames Water Utilities Limited
  • A6 · Ofwat Turnaround Oversight Regime (from July 2024) — Thames Water Utilities Limited
  • A7 · Drinking Water Inspectorate enforcement orders (September 2024) — Thames Water Utilities Limited
  • A8 · Open Ofwat WINEP and Environment Agency permit investigations — Thames Water Utilities Limited
  • A9 · Performance penalties, pollution incidents and lowest ratings (2024–25) — Thames Water Utilities Limited
  • A10 · Lowest Ofwat financial resilience category (2024 and 2025) — Thames Water Utilities Limited
  • A11 · Directors’ bonus ban triggered for 2024/25 — Thames Water Utilities Limited
  • A12 · Collective competition claim over pollution reporting (dismissed; Supreme Court appeal pending) — Kemble Water Holdings Limited
  • A13 · Court-sanctioned restructuring plan; companies described as insolvent (2025) — Thames Water Utilities Holdings Limited
  • A14 · Material uncertainty and possible special administration — Thames Water Utilities Limited
  • A16 · Pending Environment Agency prosecution for five pollution incidents (guilty pleas; deliberate culpability disputed) — Thames Water Utilities Limited
  • A15 · Holding-company debt defaults (April 2024) — Thames Water (Kemble) Finance PLC

Markers apply only to the named participant. They do not transfer allegations to connected parties.

Participants 156

Subject

Leadership

Group companies

Counterparties

Historical

Other

Relationship register 259

chronology

  1. Thames Water Utilities Limited is incorporated c-id-twul
  2. Kemble Water Limited completes its purchase of Thames Water Holdings Plc c-hist-2006-acquisition
  3. TWUL grants a security agreement over its undertaking and assets to Deutsche Trustee Company Limited as Security Trustee c-wbs-charges
  4. £20.3 million fine, described by Ofwat as a record, after an Environment Agency prosecution for sewage pollution c-sew-ea-2017-record-fine
  5. OMERS and Wren House agree to buy a 26% stake in Kemble from Macquarie c-hist-2017-sale
  6. Thames Water agrees a £120 million package after missing its leakage commitment c-reg-leakage-2018
  7. Ofwat's strengthened licence ring-fence takes effect c-hist-licence-2018
  8. USS announces the purchase of a further 8.77% from Wren House c-hist-uss-2021
  9. Kemble Water Holdings issues convertible notes; £500 million passes down to TWUL c-div-equity-cascade-2023
  10. TWUL pays £37.5 million of dividends to fund Kemble Water Finance’s debt service c-div-oct-2023
  11. Shareholders call the business plan uninvestable; the first £500 million of new equity is not provided c-rec-kemble-equity-2023
  12. Kemble holding companies default on their own debt c-kem-default-2024 c-kem-default-cma
  13. Ofwat's PR24 draft determination places Thames Water in a Turnaround Oversight Regime c-reg-pr24 c-reg-turnaround
  14. Moody's downgrades TWUL below investment grade c-wbs-ratings
  15. Ofwat's PR24 final determination allows £20.5 billion of spending c-reg-pr24
  16. The last shareholder-appointed director leaves the TWUL board c-board-departures
  17. High Court sanctions the interim restructuring plan c-rp1-findings
  18. Restructuring plan takes effect; all debt maturities move out by two years c-rp1-implementation
  19. Competition Appeal Tribunal dismisses the collective claim over pollution reporting c-sew-cat-claim
  20. Court of Appeal dismisses the appeals against the plan c-rp1-appeal
  21. Ofwat issues a £104.5 million wastewater penalty with an enforcement order and an £18.2 million dividend penalty c-sew-ofwat-wastewater c-div-ofwat-p30
  22. KKR withdraws from the equity raise c-rec-equity-process
  23. Drinking Water Inspectorate serves a lead-risk notice for the North Cotswolds Supply System c-reg-dwi-lead
  24. Supreme Court refuses permission for a further appeal against the plan c-rp1-appeal
  25. TWUL agrees a payment plan with Ofwat for the two penalties c-sew-penalty-plan
  26. London & Valley Water creditor consortium submits its recapitalisation proposal c-rec-lvw
  27. Court of Appeal dismisses the collective claim appeal by a majority c-sew-cat-claim
  28. Environment Secretary's preliminary views on the consortium's offer are published c-reg-defra-letter
  29. Commons committee urges special administration or emergency legislation c-rec-efra
  30. TWUL launches its sixteenth consent requests to increase the super senior facility c-rec-upsize
  31. TWUL signs a transaction support agreement with Class B creditors c-rec-class-b-tsa

cite this dossier

DossierTwist, “Thames Water Utilities Limited: owners, debt, regulators and restructuring”, dt.038, 25 October 2026, https://dossiertwist.com/dossiers/thames-water-utilities-limited/

Free to read, cite and republish with credit under CC BY 4.0: credit “DossierTwist” and link to the dossier.

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