Thames Water Needs ‘Significant’ Additional Funding Despite £750 Million Injection

Thames Water Needs ‘Significant’ Additional Funding Despite £750 Million Injection
A worker from Thames Water delivering a temporary water supply from a tanker to the village of Northend in Oxfordshire, on Aug. 10, 2022. Andrew Matthews/PA Media
Alexander Zhang
Updated:

Thames Water has said its shareholders have agreed to pump another £750 million in funding into the utility giant, but warned that it needs “significant additional funding” in the coming years.

The supplier said the initial funding agreement to the end of March 2025 is a “major milestone,” although it is less than the £1 billion expected.