Water firm Pennon pins net-zero hopes on solar projects
Pennon has bought three solar projects as part of a bid to improve environmental credentials by 2030
Company
Pennon Group PLC
LON:PNN
Pennon is one of the largest environmental infrastructure groups in the UK. At the top end of the FTSE 250, the Group has assets of around £5.7 billion and a workforce of over 4,800 people.
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Water companies threaten bill hikes to pay for pollution fixes
Water companies are reportedly threatening to hike household bills to pay for sewage spill fixes
UK water companies hit by Deutsche Bank downgrades
UK water companies face a 'challenging' backdrop, according to Deutsche Bank
Water companies underspending on investment plans says regulator
Pennon's South West Water subsidiary was cited as an offender
Pennon's sewage record in the spotlight again
Regulator Ofgem ordered it to repay £13.3mln to customers last week
Pennon's South West Water faces regulatory action over sewage spills
The plans will “boost grid capacity, improve customer service and resilience to prevent power outages, and prepare the way for increases in the generation of cheaper, greener, home-grown energy”, the regulator said
Pennon Group highlights commitment to customers
"We're investing more where it matters most," said CEO Susan Davy, but do most shareholders continue about anything other than the dividend.
Pennon's interest-linked payments and B&M European's consumer appeal in focus on Tuesday
Nationwide house price numbers and Bank of England credit data are also scheduled
B&M, Pennon and Dr Martens the results royalty in jubilee-shortened week ahead
Two days off for the City might mean some unexpected extra announcements appear
Builders and building materials
UK households get the bad news tomorrow, US jobs and Pennon also due
The start of a new month on Friday brings the US jobs report around again.