Norweb plc is a British utilities company founded in 1989, based in England, primarily focused on the distribution of electricity across the North West region. The company aims to provide reliable energy services while investing in sustainable practices and technologies.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NWENET 8.88% 2026-03-25 GBPNorweb plc | United Kingdom | 2026-03-25 | 8.875 | 5.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Norweb plc made its initial foray into bond issuance in 1990, gaining attention with a notable £100 million bond offering linked to its merger with United Utilities. Today, its bonds are characterized by fixed interest rates and a strong credit rating, yielding competitive returns within the utility sector. Recent years have seen Norweb issuing green bonds to fund renewable energy projects, reflecting its commitment to sustainability and capitalizing on growing market interest in eco-friendly investments.