tiprankstipranks
Capita plc Secures Lucrative Smart Meter Contract Extension
Company Announcements

Capita plc Secures Lucrative Smart Meter Contract Extension

Capita plc (GB:CPI) has released an update.

Don't Miss our Black Friday Offers:

Capita plc has successfully renewed its contract to manage the UK’s smart meter secure communications platform for an additional two years, with the deal valued at up to £135 million. The contract extension with Smart DCC Limited, a Capita subsidiary, ensures the continued operation of the platform that connects millions of smart meters to various parties, supporting the UK’s energy system transformation to be more efficient and cost-effective. This move bolsters Capita’s role in advancing the UK’s energy infrastructure and consumer energy management.

For further insights into GB:CPI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskCapita plc Moves Office Amid Cost-Cutting Measures
TipRanks UK Auto-Generated NewsdeskCapita plc Sees Shift in Voting Rights Stake
TipRanks UK Auto-Generated NewsdeskCapita CEO Sells Shares to Cover Tax Liabilities
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App