Pennon Group’s latest trading update published this morning has flagged up its strong investment grade credit rating and the launch of its £2.5 billion Euro Medium Term Note (EMTN) programme in July with an inaugural £400 million public bond issuance.
Stephen Timms MP, Chair of the House of Commons Work & Pensions Committee, has written to the Trustees of the Water Companies Pension Scheme to raise concerns about its decision to pay a £12 million scheme surplus to an employer, Bristol Water, instead of using the surplus to boost members’ pensions.
Owners of South West Water and Bristol Water Pennon Group have reported a rise in profits and resilient operational and financial performance with the publication this morning of its results for the first half of 2021/22.
May Gurney has been awarded a new 16-month contract with Bristol Water worth £20m per annum.
Water industry regulator Ofwat has launched a new consultation on the completed acquisition of a 70% stake in Bristol Water by Canada-based Capstone Infrastructure Corporation.
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury.
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications.
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.