BRIEF — Pennon Group Expects Capital Investment Of About £3.6 Bln In Regulated Water Businesses Over AMP8
Oct 7 (Reuters) — Pennon Group PLC: Pennon Group Plc - Strategic Update Pennon Group - Proposes Sale Of Pennon Power With £25 Million Proceeds To Be Reinvested In Renewable Generation Pennon Group - Expects Capital Investment Of Approx £3.60 Billion In Regulated Water Businesses Over Amp8 Pennon Group - Rebases Total Dividend For Fy2026/2027 To Approx £125 Million From £138 Million In Fy2025/2026 Pennon Group - Expects Underlying Dividend Per Share Reduction Of Approx 30% To Around 18 Pence Pennon Group Plc: Estimates Around £170 Million Of Further Investment Through The 2027 And 2028 Cost Change Processes, Subject To Ofwat Approvals Pennon Group Plc: Continues To Expect To Achieve Efficiencies On The Amp8 Totex Programme Pennon Group Plc: Fully Underwritten Rights Issue Of About £550 Million Launched Today, To Fund The Increased Investment In The Regulated Water Businesses Source text:... Further company coverage: PNN.L (Reuters.Briefs@thomsonreuters.com;)