Gulp: London Utility Running Dry
Posted on 06/28/2023
London’s Thames Water needs a cash infusion. It serves 15 million customers in England. Canada’s Ontario Municipal Employees Retirement System (OMERS) has a 32% stake in Thames Water. Thames Water has other large institutional investors including Universities Superannuation Scheme (USS). USS Investment Management is the manager unit of the university. USS acquired an additional 8.77%…
