Thames Water plays key role in RWE restructuring
- From: Vol 4, Issue 9 (September 2003)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Innogy, RWE and Thames Water
Thames Water is to take a 51% stake in RWE Aqua. There are also better than expected synergies between Innogy and Thames in the UK.
As part of its ongoing restructuring process, RWE is taking steps to channel Thames Water’s technical know-how and project management skills into RWE Aqua, the company responsible for its German and European water activities, yet at the same time ensure its local water business becomes part of a multi-utility set-up. This is to function by splitting the ownership of ...
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