Water company lands new £30m funding deal

DEE Valley Water, which supplies water to Chester, Wrexham and the surrounding area in north east Wales and west Cheshire, is set to undertake its largest ever capital investment programme after securing £30m funding from HSBC.

The company, which supplies more than 258,000 people with 63 million litres of water every day, has secured a five-year revolving credit facility – worth £21m more than its previous arrangement.

Full payment and cash management services were already provided by HSBC, with the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...