Thames Water Utilities Finance Plc, established in 2000 and based in London, is a critical subsidiary of Thames Water Utilities Limited, serving the purpose of financing operational and capital expenditure for the water and wastewater services in the UK’s largest water and sewage company. The firm primarily issues bonds to secure funding for infrastructure projects, environmental initiatives, and improvements to service delivery.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Thames Water Utilities Finance Plc began issuing bonds shortly after its inception in 2000, with notable issuances including £250 million in 2020 to fund green projects aimed at reducing carbon emissions. As of October 2023, the company's bond yields are competitive within the industry, reflecting investor confidence despite the challenges faced by the utility sector. The company recently issued a 30-year green bond, highlighting its commitment to sustainable financing, which received significant market demand and underscored its strong financial health.