Pennon Group announces launch of £550 million rights issue and rebased dividend of £125 million
In a strategic update released this morning, Pennon Group PLC has announced the launch of a fully underwritten £550 million rights issue and rebased dividend to support c.£1 billion of additional investment.
United Utilities welcomes Ofwat's 2026 Cost Change Draft Decision
United Utilities has welcomed the publication of Ofwat’s Draft Decision in respect of the 2026 Cost Change re-opener, which supports the substantial majority of the company's first AMP8 Business Plan submission.
News Showcase
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BactoSense ID cuts wastewater and bathing water bacteria testing from days to minutes
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies. -
ABB launches digital platform for optimizing operation of water networks
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations. -
Safe access solutions a key requirement for water sector and other Critical Infrastructure Providers
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets. -
Albion Water appoints new Director of Business Development
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
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Other Latest News
- IWA Congress - RSE and Grundfos sign MoU to expand partnership to boost UK and Ireland water utilities
- NI Water highlights investment programme and funding challenges at Derry City and Strabane District Council
- United Utilities - peatland restoration project sees thousands of dams introduced at Winter Hill
- Northumbrian Water starts work on £8.3 million sewage treatment works upgrade
- Yorkshire Water awards multi million pound AMP8 contract for Process Package Plant Framework
- Pennon Group announces launch of £550 million rights issue and rebased dividend of £125 million
Watch
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Southern Water showcases last footage inside Yew Hill Reservoir before filling
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water. -
Scottish Water completes £235m investment in two-way connection between drinking water networks
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply. -
United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
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