The right hon. Gentleman will be aware that Thames Water is looking to secure a large-scale investment from a Chinese sovereign wealth fund. Is he concerned that such an investment—this is a specific case, but it could apply generally to anyone who was getting such financial assistance—would help to distort, and could, at particular levels of investment, deliberately distort the debt to equity ratio in such a way as to negate any benefit created by the provision that he hopes to put into the Bill?
Water Industry (Financial Assistance) Bill
Proceeding contribution from
Mark Field
(Conservative)
in the House of Commons on Wednesday, 14 March 2012.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Water Industry (Financial Assistance) Bill.
Type
Proceeding contribution
Reference
542 c286
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 16:09:27 +0000
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