The Pennon Group including South West Water have signed £80 million worth of green finance deals with Societe Generale Corporate & Investment Banking and Natwest.
The bilateral agreements will finance investment and improvement in environmental standards supported by the business including additional commitments on bathing water quality, an area seen as vitally important to the region’s economy.
Separately, South West Water have extended their area of supply to include the Isles of Scilly which will bring significant investment to raise standards. The change has been backed by SWW customers, Defra and Ofwat.
Utility Week report further details at the link below.