Macquarie says it is ‘very proud’ of Thames Water ownership

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Macquarie told investors that she was “very proud” by her record as the Maler of Themes Water, a debt -full utility that has decreased into deep financial difficulty since the investor in the Australian infrastructure sold his share seven years ago.

MacquariNow the majority Times water The debt increased significantly and the stock profits are paid regularly to the shareholders.

“We are already proud, very proud of our kingdom of Themes Water.”

He added that over the past decade, “No Humulator in the UK” looked at the Australian Financial Group as anything other than “a very positive owner of assets.”

The Times Water debt increased from 3.4 billion pounds in 2006, when Macquarie bought for the first time at work, to 10.8 billion pounds when she sold its final share in 2017. Now. Slaves on the edge of the abyss From insolvency, the Dunning of the Eruption of the Tool has increased nearly 20 billion pounds, and it is scheduled to borrow up to 3 billion pounds in highly beneficial emergency loans from senior lenders.

“Imagine that a house you own seven years ago will be blaming when the ceiling leaked,” Wi -& Way said.

during Macquaria ownershipAbout 2.7 billion pounds in profits and 2.2 billion pounds in loans were removed.

However, Macquarie previously defended its record, pointing to 11 billion pounds in customer bills that were Spend on infrastructure During its ownership – the number that I claimed was “the highest level for every customer in all water companies in England and Wales.”

He also said that the water leakage of the Times water decreased by 22 percent during this period, and it reduced “pollution accidents” by 75 percent compared to 2006.

“It was a much better work, incomplete, but much better after our supervision,” said Way. “The Times Water is a very good example of the ability to get the courage of your convictions and look beyond the media drama or noise.”

“In light of our ownership, we supported Themes Water, where I provided record levels of investment, which enabled significant improvements in water quality, and reduced leakage and pollution accidents … when we sold our final share in 2017, the company was meeting all the conditions set by the organizer, and a credit classification for investment was.”

Many of the largest Times Water shareholders, including the employee retirement system in Ontario, for employees in Ontario, and the sovereign wealth fund in Abu Dhabi, have removed the value of their investments in the tool last year.

The Times Water chose KKR – One of the contributors to Northbrian Water – as a preferred bid in a process aimed at redrawing the group, after the American Special Stock Group made a preliminary offer of 4 billion pounds to take the majority share in themes Water.

“With the ownership of Macquari, the Times water pumped millions of liters of disgusting sewage to British rivers while it was more than billions of pounds that was then paid to the shareholders,” Sarah Oulni, Liberal Democratic Deputy for Riccoon Park, said last year.

Macquarie acquired the majority of southern waters, the United Kingdom The next most severe water companyIn 2021, the company struggles under the 6 billion pounds of debt pile, and it is holding talks with lenders of its Holding Company on potential accumulations for their loans.

Besides the Macquarie haircut, Macquarie Asset Management is injecting 900 million pounds of fresh stocks into southern waters.