News
23 June 2025

EDC hit by £350m loss on loans to Thames Water

In:
Waste and water
Region:
Europe

Canada’s state-backed export agency has lost about £350 million on loans to Thames Water, the crisis-stricken UK utility that is teetering on the verge of renationalisation. Export Development Canada (EDC), disclosed the losses, equivalent to more than half the money it lent to Thames...

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