Banks to flow £59m into Uber Boats by Thames Clippers
London river bus service provider Uber Boat by Thames Clippers has secured a £59m funding package to support ongoing investment into its fleet and drydocking facilities.
The funding, which consists of £29.5 million from NatWest and £29.5 million from Santander, will support the London-based firm’s investment plans over the next few years.
They include plans for new vessels, an upgrade to the pier infrastructure and improvements to drydocking facilities.
The facility will also help the business to expand services and increase the number of clean vessels – water ferries powered by electricity – that they employ on the Thames.
Last year, more than 4 million people travelled with Thames Clippers and bosses are expecting continued growth.