Pennon slashes dividend and launches £550m cash call ‘to drive improved outcomes for customers and communities’The owner of embattled South West Water has slashed its dividend and launched a cash call to investors as it attempts to fund infrastructure investment, days after it was hit by a record £7.9m fine for hundreds of sewage spills.London-lis…
South West Water owner taps investors to fix infrastructure after sewage spills
Pennon slashes dividend and launches £550m cash call ‘to drive improved outcomes for customers and communities’The owner of embattled South West Water has slashed its dividend and launched a cash call to investors as it attempts to fund infrastructure investment, days after it was hit by a record £7.9m fine for hundreds of sewage spills.London-lis…
Originally reported by Guiden World