South West Water’s owner powers ahead with renewable acquisitions

Pennon Group has acquired three new solar projects which are predicted to generate over 95GWh of electricity annually

South West Water fined £2.1m for pollution offences

The company has received the ‘largest ever’ fine for environmental offences in Devon and Cornwall

Cornwall’s ‘first hosepipe ban in 26 years’ to be introduced next week

The temporary water use ban will come into effect next Tuesday

Water
Competition watchdog clears Pennon’s £425m takeover of Bristol Water

The deal was initially struck in June 2021, however an investigation was launched by the Competition and Markets Authority in December last year

Pennon buys Bristol Water in £814m deal

Bristol Water supplies drinking water to an estimated 1.2 million customers

Business deal
KKR to buy recycling firm Viridor for £4.2bn

Pennon Group stated that the deal still needs approval from its shareholders, merger control clearance from the European Commission and needs to meet certain other conditions

Pennon buys Lancashire waste transportation firm

A subsidiary of water and waste-focused Pennon Group has bought Lancashire waste logistics firm JWS Churngold. Viridor Waste Management bought the firm, which transports waste from the Lancashire and Blackpool local authorities, for £14.25m.