Severn Trent (GB:SVT) has released an update.
Severn Trent Plc has reported a strong start to the year, with financial performance on track and an anticipated net ODI reward of over £100 million, contributing to a sector-leading total of around £420 million. The company is progressing with a significant £1.3 to £1.5 billion capital investment for the year, including £100 million for constructing solar farms to boost energy generation. Severn Trent is also on course to achieve a record fifth consecutive year of four-star environmental performance and is implementing an ambitious plan to halve storm overflow spills by 2030.
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