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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

Thames Water owner to liquidate solar energy subsidiary amid debt crisis

Thames Water Thames Solar Energy Kemble Ofwat
A worker in hi-vis jacket at work on a floating solar panel array on London’s Queen Elizabeth II reservoir
A floating solar panel array installed on a Thames Water site on London’s Queen Elizabeth II reservoir in 2016. Photograph: Martin Godwin/The Guardian

A solar energy project developer linked to Thames Water is to be liquidated and its staff made redundant as the crisis engulfing the debt-laden water supplier puts strain on its complex corporate structure.

Trinzic Operations Ltd, which is ultimately owned by Thames’s parent company Kemble Water Holdings, is to be voluntarily shut down, the Guardian can reveal.

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