Pennon Group completed its acquisition of Bristol Water
The Pennon Group has completed its acquisition of Bristol Water Holdings UK Limited in a deal worth GBP425 million (US$560.3 million).
The deal was put on a hold in June 2021. The Competition and Markets Authority (CMA) has cleared the takeover after conducting an investigation in December last year to check whether the merger would reduce competition in the water industry and prejudice the ability of water watchdog Ofwat to make comparisons between water companies.
Country updates
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March 11, 2022
UK announces preferred route for A46 Newark Bypass PPP project
The National Highways (Highways England) in the UK has announced preferred route for A46 trade corridor which connects the M5 with Humber Ports. The improvements will bring smoother and more reli...
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March 07, 2022
Tender launched for Bro Tathan Business Park development project
The Welsh Government has launched a tender seeking an Independent Distribution Network Operator for Bro Tathan Business Park in the UK. The project involves the construction of a High Voltage P...
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March 07, 2022
MOSL launched new Market Improvement Fund
Market Operator Services Limited (MOSL) has launched a new Market Improvement Fund. The fund has been established to finance and deliver innovative projects that will benefit the non-househo...
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March 03, 2022
United Kingdom to support USD9.29 billion Tidal lagoon PPP project
Denbighshire County Council in the UK has shown support for the development of the hydroelectric plant of the Denbighshire Coast line in Welsh.
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March 02, 2022
First Close achieved for Principal European Data Centre Fund
The Principal Real Estate has announced the first close for the Principal European Data Centre Fund. The fund is dedicated to acquiring data center assets in Europe. The initial capita...
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