South West Water owner taps investors to fix infrastructure after sewage spills
- South West Water: 3 events in the last 90 days
- Previous: 7 days earlier · South West Water fined £8m for hundreds of sewage spills in Cornwall and Devon
What happened
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-listed Pennon said on Wednesday it would tap investors for £550m, as pa…
Summary assembled by rule from the sources below