South East Water says it needs cash injection to stay afloat

South East Water says it needs cash injection to stay afloat

Water industry, Business Business | The Guardian

​Struggling firm, which serves 2.3 million people, is ‘in discussions with lenders and shareholders regarding additional liquidity’• Business live – latest updatesSouth East Water has said it needs a cash injection from investors to stay in business as it gears up for a major Ofwat ruling on its future spending plans.The struggling water company – which serves 2.3 million people across Kent, Sussex, Surrey, Hampshire and Berkshire – said it is “in discussions with lenders and shareholders regarding additional liquidity”. Continue reading… 

Struggling firm, which serves 2.3 million people, is ‘in discussions with lenders and shareholders regarding additional liquidity’

Business live – latest updates

South East Water has said it needs a cash injection from investors to stay in business as it gears up for a major Ofwat ruling on its future spending plans.

The struggling water company – which serves 2.3 million people across Kent, Sussex, Surrey, Hampshire and Berkshire – said it is “in discussions with lenders and shareholders regarding additional liquidity”.

Continue reading… 

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