|
Headline: Water takes on a new liquidity Source: Euromoney Date: May 2001 When Glas Cymru won approval from Ofwat to restructure Welsh Water, it introduced a new model for privatized UK utilities that does away with conventional shareholders. Glas will break new ground by financing its purchase entirely through a securitization. But despite the problems caused by shareholders taking cash out of the industry that the regulator wants to go to customers, many water companies argue that equity still has a role to play in their funding structure. |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
