US Fund KKR provides 4 billion pounds for water for water
Thames water compliance van, London in 3rd December 2024 in London, in the United Kingdom of Cty in the United Kingdom. Thames Water Utilities Ltd is a large utility company responsible for water supply and wastewater treatment in most large London and surrounding areas in the UK. (Photos in Mike Kemp / Images)
Mike Kemp | In the pictures | Getty pictures
Private capital investor KKR & CO. According to a person who is familiar with the issue, the Thames Water Utility, which he led by England, offers about £ 4 billion ($ 5 billion) to monitor the Krayz Water Communion.
Thames warned England’s largest water assistance in London and Thames in the Tea Valley, which serves in addition to belligarent, belligaria, will run out of cash until March 24. In 1989, the Thank was privatized by the government, the Thames started last week last week, the additional capital lifting process in an announcement, received the “number of parties” purchase. Thames said he learned every suggestion.
Thames will benefit from a source of reconstruction and an asset owner as part of a large turn and capital structure. Tempers have about £ 16 billion in the last September.
The source said that the participation of the KKR will be 4 billion pounds of management-shopping presentation, which will not be able to sell assets or benefits.
Thames rejected the water and the KKR comment.
Bloomberg said he had previously suggested that the Thames waters injected about 4 billion pounds for the majority share of the KR in Wednesday.
KKR has been a long time in England, more than £ 20 billion since 1996. A special capital company launched a platform for infrastructure investments in 2008, began a platform for investment in the long-term investment horizontally.
On Tuesday, the British Supreme Court confirmed the $ 3 billion £ 3 billion for Thaded water for the existing shareholders, and allows the utility to restore the debts of the communal breathing room and provide new investors.
The juice is part of a group of companies known as a group of water groups belongs to the consortium of institutional shareholders – Basically pension funds and sovereign wealth funds. The largest shareholder is one of the largest pensions in Canada, Ontario Municipal Employees Scholarship System.
Crisis-wiring program He encountered criticism for sharp growth in sewage discharge Britain’s waterways, including 215 miles long-term Thames, which are 215 miles flowing with the British capital.
– CNBC’s Jennie Reid and Sawdah Bhaimiya contributed to this report.
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