Correspondence

Environment Secretary of State's letter  to Ofwat outlining concerns on proposals to recapitalise Thames Water.

A letter from Emma Reynolds, Defra's Environment Secretary of State to Ofwat outlining concerns on proposals to recapitalise Thames Water.

• From: Department for Environment, Food & Rural Affairs and The Rt Hon Emma Reynolds MP
• Published: 16 June 2026

Applies to England

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Environment Secretary of State's letter  to Ofwat outlining concerns on proposals to recapitalise Thames Water.

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A letter from Emma Reynolds, Defra Environment Secretary of State to Ofwat outlining her preliminary concerns of the offer put forward by investors to recapitalise Thames Water. Within her response she states that it does not sufficiently protect customers and the environment.  

Ofwat is considering the proposal and the final decision rests with Ofwat. 

The Secretary of State made a statement to the House of Commons to that effect.

Published 16 June 2026