Cost Change Draft Determination

Summary by AI BETAClose X

Pennon Group PLC has received Ofwat's Draft Determination regarding its May 2026 Cost Change submissions, which confirms an allowance of £190 million in 2022/2023 prices for additional investment from FY27/28 through the end of AMP 8. The company views this as a positive outcome, reflecting the strength of its proposals and core business cases. Pennon Group will now undertake a detailed review of the draft determination and engage in constructive dialogue with Ofwat before submitting its formal representations by 24 September 2026.

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Pennon Group (PNN)
UK 100

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