pennon group bristol water

Davy added: 'We have demonstrated our credentials as a responsible business, reducing debt levels, increasing pension contributions, and further supporting the Green Recovery for the much-needed regeneration of our region.'. Pennon bought Bristol Water Group from its indirect shareholders: infrastructure funds advised by iCON Infrastructure LLP (80% of the shares); and ITOCHU Corporation (20%). Factor in accepting a job teaching English in China how to be a good parent while working abroad 4 important questions to ask before accepting a job abroad. 20 things you need to ask before accepting the job offer is a of. Water giant Pennon will take on more than a million new customers as it expands into Bristol in an 814 million deal. "This latest acquisition, building on a strong heritage and history, firmly cements Pennon as one of the leading UK water and waste water companies.". BP and Shell shares have bounced 45% in a year and pay big dividends, but will they be held back for not being green? We are also pleased to be recognising shareholder support through the return of c.1.5 billion to shareholders in the form of a special dividend. */, https://www.southwestwater.co.uk/watershareplus, https://data.fca.org.uk/#/nsm/nationalstoragemechanism, view your holding and dividend payments, and get an indicative valuation, update your personal details, including address and contact information, cast your vote online, in advance of any Pennon general meeting, register your intention to attend the Annual General Meeting (AGM). flex-wrap: wrap; Meet the smart meter addicts: The dad who cut back on 1p coffees, the teacher on a 5.50 daily gas limit and the mum so obsessed she hid hers in a drawer! WebPennon Group plc is a British water utility company based in Exeter, England. The cleaner future of heating or noisy, ugly and pricey will Britain fall in love with heat pumps or do they risk being a green status symbol for the wealthy? Bristol Water is a regulated water only company supplying drinking water to a population of approximately 1.2 million people in the Bristol region. A presentation for investors and analysts covering the acquisition of the Bristol Water Group, return of capital to shareholders and Pennons full year results 2020/21 will take place today at 8.30 a.m. by Susan Davy, Group Chief Executive and Paul Boote, Group Finance Director. 22 December 2021: The CMA has decided, on the information currently available to it, that it is or may be the case that the following Merger has prejudiced or is likely to prejudice Ofwats ability, in carrying out its functions, to make comparisons between water enterprises under the Water Industry Act 1991. Is commercial property a great value investing opportunity? Pennon Group has acquired 100% of the issued share capital of Bristol Water and its subsidiaries, for an equity value of 425m and an enterprise value of 'This latest acquisition, building on a strong heritage and history, firmly cements Pennon as one of the leading UK water and wastewater companies.'. We can also help you if you are struggling to pay your water bills please let us know as various support schemes are available. Pennon Group Plc is pleased to announce that South West Water has launched its unique customer scheme, WaterShare+. Money tap: Bristol Water's acquisition comes one month before its 175th anniversary. We are also pleased to be recognising shareholder support through the return of c.1.5 billion to shareholders in the form of a special dividend. Our sector-leading dividend policy, which we have strengthened today, together with the proposed special dividend, recognises the ongoing loyalty of our shareholders, underpinned by the Groups confidence in our ongoing growth strategy, and building a sustainable future for all.. We know its not only what we do, but how we do it that matters to our customers and communities and to ourselves. } The Board believes that the Acquisition presents an attractive opportunity to expand South West Waters wholesale capabilities, whilst also deploying best practice from both businesses to deliver value for customers, shareholders and broader stakeholders. As a valued customer, we want to give you more of a say in how we run your water company, thanks to a scheme called WaterShare+. Have we let energy giants make too much profit? Pennon Group Plc owns Bristol Water as well as other companies such as South West Water, Bournemouth Water and Pennon Water Services. [CDATA[/* >