Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Business
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
    • ICAS Talk
    • Warwick Business School
    • The University of Bath
    • AON
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • Schroders Talk
    • IG Talk
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • CoinCorner Talk
    • Crypto Magazine
  • Opinion
    • Features
    • Letters
    • The City View
  • Jobs and Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Doceo
    • The Business Guide
    • 10 ways to run a more efficient business
    • Finance & Legal
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • LIV Golf
    • Travel
    • Sport Business
    • The Punter Podcast
    • Aramco Team Series
    • Culture
    • Queen’s Award 2022
    • Green Economy
    • The Magazine
    • The DiverCity Podcast
  • Charity
    • Giving
    • World’s biggest donors 2010 – 2021
  • Latest Paper
  • Jobs

Pennon Group

  • Women now dominate boards of top three water firms, with five-out-of-six CEO and chair positions held

    Closing the gap

     Women now dominate the boards of water companies, with five out of six heads taking up the roles.  The majority of chief executives and chairs for the three FTSE-Listed water firms,  Severn Trent, Pennon and United Utilities, are now held by women. This comes after  Louise Beardmore was promoted to chief executive at UU, succeeding [...]

  • Water firms turn on taps with £2.7bn investment pledge

    Water firms turn on taps with £2.7bn investment pledge

    The UK’s water companies will pour a total of £2.7bn into environmental improvements over the next five years, it was announced this morning. On top of £1.9bn of pre-planned spending, sector regulator Ofwat has this morning approved an extra £793m of investment. The watchdog said that the additional spending would “allow water companies to take [...]

  • Water firms slammed over ‘unacceptable’ environmental performance

    Water firms slammed over 'unacceptable' environmental performance

    Southern Water and South West Water have this morning been slammed over their environmental record, which the sector watchdog called “consistently unacceptable”. According to the Environment Agency’s latest annual report into the UK’s water firms, no single company hit all the targets laid out for the 2015-2020 period. Although pollution incidents declined for the second [...]

  • Pennon turns on the taps with £425m Bristol Water deal

    June 3, 2021

    Utilities firm Pennon this morning announced that it had bought Bristol Water for £425m as it consolidates its position as the south-west’s largest water company. Alongside the deal the FTSE 100 firm said that it would pay out a special dividend of £1.5bn to shareholders, as well as kick off a £400m share buyback. Shares [...]

  • Pennon eyes acquisitions as it sits on £3bn cash pile

    March 30, 2021

    Water utility firm Pennon today said it was eyeing acquisition opportunities as it expects to end the financial year with over £3bn of cash. The firm said it had established a sustainable capital structure as it continued a review of growth opportunities benchmarked against a return of capital to shareholders. The FTSE 250 firm said [...]

  • FTSE reshuffle: Who’s in and who’s out of London’s blue-chip index?

    March 3, 2021

    FTSE reshuffle: Who's in and who's now out of London's blue-chip index?

  • KKR makes surprise bid for Pennon’s recycling arm

    January 12, 2020

    Pennon’s bin collection and incineration firm Viridor has been the subject of a shock bid from US private equity fund KKR, in an attempt to knock out the competition before an expected auction process. Viridor is set to be one of 2020’s most keenly fought acquisitions, with a number of companies said to be interested [...]

Trending Articles

  • Furious UK to launch dispute proceedings against EU this week for breaking Brexit trade deal

  • Leaked recording reveals Liz Truss saying UK workers lack 'skill and application', need more 'graft'

  • Brits in EU slide into Brexit banking limbo as some UK banks shut their accounts

  • Canary Wharf's giants stand by idly as Brits flock en masse to challenger banks Monzo and Starling Bank

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2019

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2022 City A.M. Limited

Your news your way

Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.

By signing up to our newsletters you agree to the Terms and Conditions and Privacy Policy.