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Evening Standard
Evening Standard
Business
Holly Williams

United Utilities unveils £800m share sale amid plans to bolster water network

United Utilities said its plans will help finance around an extra £2.5 billion in investment to upgrade its infrastructure (PA) - (PA Archive)

Water firm United Utilities has revealed plans to raise £800 million through a share sale as it looks to boost its network and supply across the North West in a move set to create 4,000 jobs.

The group said the retail offering – which is already underpinned by a £400 million cornerstone investment from Atlas Infrastructure – will help finance around an extra £2.5 billion in investment to upgrade its infrastructure.

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