Company Profile

Pennon Group

Address:
Peninsula House
Rydon Lane
Exeter
Devon
United Kingdom (UK)
EX2 7HR
Website Address:
www.pennon-group.co.uk
ABOUT US

We create value for our shareholders by providing high quality environmental infrastructure and customer services, and by efficient financing and strong management of the Group as a whole.

WHO WE ARE

As one of the largest environmental infrastructure groups in the UK, we are at the top end of the FTSE 250. We have assets of around £5.9 billion and a workforce of around 5,000 people.

OUR BUSINESSES

Water and wastewater services

The merged water company of South West Water and Bournemouth Water provides water and wastewater services to a population of c.1.7 million in Cornwall, Devon and parts of Dorset and Somerset and water only services to c.0.5 million in parts of Dorset, Hampshire and Wiltshire. South West Water was awarded enhanced status for its 2015-2020 Business Plan, and has the highest potential returns in the water sector.
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Waste Management

Viridor is at the forefront of the resource sector in the UK, transforming waste into energy, high-quality recyclates and raw materials. Providing services to more than 150 local authorities and major corporate clients as well as more than 32,000 customers across the UK, its activity supports the development of a regenerative circular economy that seeks to keep resources in use for as long as possible and recover and regenerate materials at the end of their service life.

VISION, MISSION AND STRATEGY

Our Vision

Bringing Resources to Life.

Our Values

Trusted - We do the right thing for our customers and stakeholders
Collaborative - We forge strong relationships working together to make a positive impact
Responsible - We keep our promises to our customers, communities and each other
Progressive - We are always looking for new ways to improve and make life better

Our Strategy

Leadership in UK water and waste

We aim to lead in the water and waste sectors by capitalising on Group strengths, capabilities, best practice and synergies and achieving the right balance between risk and reward.

Leadership in cost base efficiency

We are focused on driving down overheads and operating in the most efficient way to minimise costs.

Driving sustainable growth

We actively seek opportunities to invest for growth, whether through investment to increase our asset portfolio, initiatives to expand our customer base or partnerships with other organisations.

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