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