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Monday, 16 February 2026 09:17

Severn Trent Plc set to deliver top end of £1.7 to £1.9 bn capital investment in 1st year of AMP8

Severn Trent Plc expects to deliver towards the top end of its capital investment guidance range of £1.7 billion - £1.9 billion for the first year of AMP8, according to its trading update for the period to 10 February 2026.

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The update says the utility has established strong momentum in the first year of AMP8 and is on track to meet its environmental and operational targets. Financial performance is in line with expectations.

“Thanks to the benefits of insourcing and scaling our programme early, we expect to deliver towards the top end of our capital investment guidance range of £1.7 billion - £1.9 billion, our highest-ever year,” Severn Trent comments.

According to the update, Severn Trent remains on track to deliver at least £40 million of reward from outcome delivery incentives (ODIs)1 and price control deliverable (PCD)2 performance – and expects to achieve all PCD milestones and associated reward this year.

The company is continuing to drive further improvements in its year-on-year environmental performance and is confident of earning the highest possible 4-star Environmental Performance Assessment (EPA)3 for a record seventh consecutive year.

James Jesic, Chief Executive, Severn Trent Plc, said:

"This has been a quarter of delivery in a period of strong growth, and I am proud of the contributions of the whole team. Having taken the reins as CEO, I'm meeting every Severn Trenter face to face, and it's brilliant to see the level of energy and focus the organisation has on delivering for our customers and communities.

"With our capital programme well underway, we remain on track to deliver on environmental targets and meet the financial guidance set out at our interim results. We have welcomed the Government's White Paper as a step in the right direction and look forward to further clarity on timing and implementation in the Transition Plan expected later this year."

Severn Trent will announce full-year results for FY26 on 20 May 2026.

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