KKR Interested in Thames Water Share Sale, Sky News Reports
(Bloomberg) -- KKR & Co is among investors in talks about participating in a Thames Water Utilities Ltd. share sale, Sky News reported.
Thames Water adviser Rothschild & Co. is running a process to raise about £3 billion ($3.9 billion), with KKR among those which had accessed a data room for potential investors, according to Sky. The investment firm declined to comment to Sky.
Other investors that have expressed interest in newly issued shares in Thames Water include Carlyle Group Inc. and Castle Water Ltd.
Thames Water, the UK’s largest water and sewage operator, started last month a process to raise the equity it needs to stay afloat. It also unveiled a plan Friday seeking to raise up to £3 billion from some of its creditors.
©2024 Bloomberg L.P.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More utilities news
Iraq Plans to Cut Gas Flaring to 20% Next Year to Reduce Imports
Japan, China Agree to Visit by Beijing’s Top Diplomat Next Year
Germany Set For Wind Lull This Week With Low Holiday Demand
European Gas Swings With Clock Ticking for Transit Deal Expiry
ADNOC L&S expands integrated logistics business, adding 20 offshore assets in 2024
France Links First New Nuclear Reactor to Grid Since 1999
VW, Union Agree to Cut Capacity and Keep German Plants Open
Eskom Risk Premium Falls as Turnaround Wins Over Bond Investors
France’s Meridiam Buys Into Greek Power Link With Cyprus, Israel
