Severn Trent (LON:SVT) executives said the water utility is seeking to unlock additional investment in asset health through regulatory reopeners, while emphasizing that its current financing plans do not require additional equity before 2030.
Speaking on his first annual results call as chief executive, James Jesic said the company’s approach to the reopener process reflects its existing funding for areas including cyber, PFAS and growth, as well as its preparations for future investment needs. Severn Trent has announced about GBP 600 million of additional investment proposals through the process.