Balfour Beatty reveals £800m contract win from Thames Water February 2, 2015 Balfour Beatty has secured a major deal with Thames Water to maintain and install water infrastucture across the utility firm's network. The five-year project is a joint venture with Skanska and MWH Treatment (known as SMB). The contract as a whole is worth £800m and will be worth around £265m to Balfour Beatty. Once it has [...]
Row erupts over multi-million-pound bill for Farringdon floods as Network Rail and Thames Water fight over who is to blame January 29, 2015 A row has erupted over who is to blame for the floods that have disrupted train services across London on the Thameslink line for the past six days – and which look likely to last into next week. Yesterday Network Rail issued a statement saying Thames Water faced “a multi-million pound bill” for the [...]
Thames Water releases updated 12 Days of Christmas video as an “anti-fatberg” message December 15, 2014 If you're the sort of person for whom jolly Christmas songs can all get a bit sickly then Thames Water might just have the festive message for you. The utilities company – which has spent much of the year battling fatbergs in the city's sewers – has recorded a reworked version of the 12 [...]
Thames Water seeks investors to put money down the supersewer June 10, 2014 THAMES Water has begun its search for private sector financiers to help fund London’s new £4bn supersewer. The company, which is awaiting planning approval for the 25 kilometre Thames Tideway Tunnel, is inviting potential investors to bid for a stake in the scheme. The backers will take an equity share of a new utility company set [...]
Thames Water plans to raise its bills by 11pc December 2, 2013 THAMES Water yesterday proposed an 11 per cent increase to water bills, despite regulator Ofwat rejecting its request for an eight per cent rise just last month. All UK water firms had to submit a business plan for the 2015 to 2020 regulatory cycle to Ofwat yesterday, outlining proposed price increases and capital expenditure. The [...]