Severn Trent (LSE:SVT) How Does The Ofwat Capital Programme Reshape A Regulated Water Business?

Severn Trent (LSE:SVT) How Does The Ofwat Capital Programme Reshape A Regulated Water Business? →

Highlights Regulated returns are calculated on an asset base that grows with capital investment. Environmental obligations have driven a generational water spending programme. Rising gilt yields alter the relative appeal of a bond-like util…