Severn Trent first to reveal PR24 plan

In the first signal of how water companies are approaching investment plans for 2025-2030, Severn Trent has indicated it expects totex to more than double compared to the first half of the decade. The company gave a summary of its plans as it announced it is seeking £1 billion equity to fund a programme of river improvements, resilience and service. It has also revealed indicative views on bill rises and key performance commitments.

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