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LONDON - South West Water has agreed to a £24 million package of undertakings as part of water regulator Ofwat’s sector-wide investigation into wastewater activities, according to a statement released Thursday.
Ofwat’s proposed decision is to accept South West Water’s enforcement package in lieu of imposing a financial penalty. The regulator acknowledged the company’s recognition of past issues and its commitment to implementing corrective measures.
The £24 million package, to be delivered through 2030, includes £20 million to accelerate investment aimed at reducing overflow incidents at environmentally sensitive locations. An additional £2 million will establish a fund for customers to address sewer misuse and misconnections, while another £2 million will create a Nature Recovery Fund supporting environmental groups.
These investments will complement South West Water’s existing plans to address storm overflows at bathing and shellfish waters, as well as at its highest spilling sites.
The regulator noted that South West Water has already improved its systems, processes, and controls in recent years and has made investments to address the historical issues identified in the investigation.
Ofwat’s announcement regarding South West Water comes as part of its broader investigation into wastewater management practices across the UK water industry.
The information is based on a press release statement from Pennon (LON:PNN) Group PLC, the parent company of South West Water.
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