---
title: "Thames Water has cautioned that its available funds will run out by May 2025."
publisher: "Share Talk"
author: "sharetalk"
published: "2024-09-20T07:04:04+00:00"
modified: "2024-09-20T07:04:04+00:00"
date: 2024-09-20
canonical: "https://www.share-talk.com/thames-water-has-cautioned-that-its-available-funds-will-run-out-by-may-2025/"
category: "B2B"
categories: ["B2B", "Blogs", "Technology", "Technology, Media & Telecoms"]
tags: ["Alastair Cochran", "Allied Irish Bank", "CEO", "City of London", "Environment Select Committee", "Insolvency", "Kemble Water Finance", "London", "Macquarie Group", "Ofwat", "Sarah Bentley", "Slaughter & May", "Thames Water", "utility operation", "water"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/12/Thames-Water-5_12_23.jpg?fit=1200%2C800&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Thames Water has cautioned that its available funds will run out by May 2025.

**Published:** September 20, 2024
**Author:** sharetalk
**Categories:** B2B, Blogs, Technology, Technology, Media & Telecoms
**Tags:** Alastair Cochran, Allied Irish Bank, CEO, City of London, Environment Select Committee, Insolvency, Kemble Water Finance, London, Macquarie Group, Ofwat, Sarah Bentley, Slaughter & May, Thames Water, utility operation, water
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/12/Thames-Water-5_12_23.jpg?fit=1200%2C800&quality=89&ssl=1)

---

Thames Water has warned that its cash reserves will be depleted by May 2025 unless a refinancing deal is reached with lenders.

“We are exploring various options to extend our liquidity runway,” a company source told the Guardian. “This includes postponing some repayment deadlines to lenders.”

The troubled London water supplier risks nationalisation if it does not address its more than £15 billion in outstanding debt.

Thames Water announced today that it has £1.57 billion in available liquidity, expected to sustain the company until next May.

[Thames Water disburses £196 million in dividends while its debts exceed £15 billion.](https://www.share-talk.com/thames-water-placed-under-special-measures-as-bills-increase-by-22/#:~:text=Thames%20Water%20disburses%20%C2%A3196%20million%20in%20dividends%20while%20its%20debts%20exceed%20%C2%A315%20billion.)

The company is also exploring options for equity financing.

“We, along with our financial stakeholders, are evaluating ways to extend our liquidity runway to allow time for a recapitalisation transaction,” Thames Water said in a statement.

“At the same time, we are continuing contingency planning as part of good corporate practice.”

---

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