Thames Tunnel investigates alternative financing
- From: Vol 12, Issue 11 (November 2011)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Thames Water
An upward revision in the project’s capex spend may mean Thames Water is forced to review its funding plans.
A £500 million increase in the cost of the proposed 35 kilometre-long sewer tunnel under the River Thames will ensure that pressure mounts to devise a novel way of financing the project.
Thames Water revealed this month that the estimated cost of the scheme had risen to £4.1 billion, after it revised its original plans to take account of ...
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