LONDON: Pennon Group today announces the appointment of Keith Haslett as Chief Executive Officer and Executive Director. Keith has been the CEO of Affinity Water since January 2023 and is currently expected to join Pennon during 2026, following his notice period. During his tenure at Affinity, Keith has delivered significant improvements in business performance and…
Tag: capital investment
Susan Davy to step down as CEO of Pennon Group after nearly two decades of service
LONDON: Pennon Group (LSE:PNN) announced Friday that Chief Executive Officer Susan Davy will retire from her position and the board after more than 18 years with the company and nearly three decades in the water sector. Davy has served as CEO since July 31, 2020, following her tenure as Chief Financial Officer beginning in 2015….
HPI announces major assets sale and capital investment program
SYDNEY , AUSTRALIA: HPI has announced the sale of four key assets to Australian Venue Co. for a total consideration of $48.6 million. The sale, structured in two tranches, will see the immediate reinvestment of proceeds into a capital investment program aimed at upgrading other properties within HPI’s portfolio. The transaction is set to deliver…
NFT Investments makes capital investment in Afterparty
LONDON, UK: NFT Investments announced an investment of $250,000 into Afterparty Inc, a platform for creators to engage with their fans and generate revenues from events such as live streaming. NFT Investments is a company specializing in the identification, acquisition, investment, and development of non-fungible tokens (NFTs). The investment is in the form of a…
Storebrand acquires Danish real estate manager Capital Investment
LYSAKER, NORWAY: Storebrand ASA has entered into an agreement to acquire Capital Investment, a Danish real estate asset manager and investment advisory headquartered in Copenhagen, a news release said. The acquisition of Capital Investment is in line with the strategy presented at Storebrand’s Capital Markets Day in 2018 and reiterated in 2020; to look for…
Austin commences $6.5mn capital investment in Perth & Indonesia
SYDNEY, AUSTRALIA: Austin Engineering Limited has commenced a $6.5 million capital investment to transform and automate its design and manufacturing facilities at its major Asia Pacific centres in Perth and Indonesia. The capital investment (CAPEX) program will involve a new manufacturing flow approach with increased automation, custom jigs, fixtures, workstations and a standardised manufacturing approach…
Dispersion makes capital investment in Blimp Homes
LONDON, UK: Dispersion Holdings has made an investment of $200,000 into Blimp Technologies Inc., trading as Blimp Homes, a first-of-its-kind, decentralised real estate collaboration and search platform. The investment, which is in the form of a Simple Agreement for Future Equity (SAFE), is part of a US$1m fund-raising round being conducted by Blimp Homes. Blimp’s…