Severn Trent
| Use attributes for filter ! | |
| Stock price | SVT |
|---|---|
| Disclaimer | |
| Headquarters | Coventry |
| United Kingdom | |
| Ceo | Liv Garfield |
| Revenue | 1. 694 billion GBP (2018) |
| Subsidiaries | Water Plus |
| C2c Services Ltd | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 875227 |
About Severn Trent
Severn Trent plc is a water company based in the United Kingdom that is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Oxfordshire explosion: Plant had permission for lightning mast
... Severn Trent Green Power refused to confirm whether the 22m (72ft) mast had been installed prior to the incident in Oxfordshire on Monday...
Fire crews tackle Oxfordshire recycling plant blast through night
... A tank at the Severn Trent Green Power site was struck by lightning on Monday at 19:20 BST, causing the gases within it to ignite and explode...
Water firms face legal action over sewage pollution
... Severn Trent is the first in line, with claims against the other firms expected in the coming months...
Shock as car left stranded in Coventry sinkhole
... " Officers attended and closed the road so the car could be recovered and Severn Trent could work on the damage, " a spokesman said...
Water companies say sorry over spilling raw sewage
... The water companies - Anglian Water, Northumbrian Water, Severn Trent Water, South West Water, Southern Water, Thames Water, United Utilities Water, Wessex Water and Yorkshire Water - said they were ready to invest £10bn to upgrade their sewage infrastructure and also establish 100 new swimming areas...
How Qatar's riches touch millions of UK lives
... Turn on the tap as a Severn Trent water customer, and your bill adds to its profits...
Protests over water firms dumping sewage in rivers
... Each protest targeted a separate water company: •Edinburgh - Scottish Water •Tynemouth - Northumbrian Water •Belfast - Northern Ireland Water •Scarborough - Yorkshire Water •Bath - Wessex Water •Manningtree, Essex - Anglian Water •Worthing - Southern Water •Newquay - South West Water •Abergavenny - Welsh Water •Victoria Embankment Garden, London - Thames Water •Stoke Bardolph, Nottinghamshire - Severn Trent •New Brighton Beach, Wirral - United UtilitiesNic Bury, professor of environmental toxicology at the University of Suffolk, is running a project looking at E...
Sewage: Ban water firm bonuses until discharges end, Lib Dems say
... They claimed United Utilities paid out the largest package of bonuses, worth nearly £6m, followed by Severn Trent (£5...
National Grid and SSE move offshore over Labour plans
Two top energy firms say they have moved ownership of their UK operations overseas to protect themselves from Labour's nationalisation plans.
In recent months, National Grid has opened offshore holding companies in Hong Kong and Luxembourg, while SSE has incorporated in Switzerland .
, it would not stop them being taken over but could protect investors.
Labour said the "rip-off" move showed The Grid needed to be in public hands.
, The Party promised a radical plan to renationalise Britain's rail, mail, water and energy networks, along with broadband.
But energy companies have criticised The Plan , with SSE and National Grid among those.
Labour has previously said its plans would be cost neutral, help decarbonise the economy faster and create jobs.
But there are fears that it would try to renationalise the companies at a discount, compared to their current market value.
Critics warn this would hit shareholders, including pension funds, who would be compensated with government bonds.
'Highly detrimental'National Grid runs the electricity transmission network in England and Wales, as well as the main gas transmission pipelines. It has a market value of £31bn.
"Labour's proposals for state ownership of National Grid would be highly detrimental to millions of Ordinary People who either hold shares in The Company or through their pension funds - which include several local authority pension funds," a spokeswoman said.
"To protect their holdings, and in line with our legal fiduciary duty to our shareholders, we have established holding companies in Luxembourg and Hong Kong . This has no financial benefit to The Company and does not affect its day-to-day operations," she added.
SSE said it had moved its electricity distribution business - which supplies 3. 7 million homes in Scotland and England - to a Swiss Holding Company . It has also moved its Scottish transmission network business.
The Firm , which has a market value of £13. 6bn, said Switzerland was party to the Energy Charter Treaty which offered better shareholder protection.
"[This is] an additional safeguard, which SSE does not believe would be required in practice, should SSE's electricity networks businesses and interests. . become the subject of proposed legislation for nationalisation," a spokesman said.
"In practice, SSE expects that precedent, The Principle of fairness and the need to secure future investor confidence in the UK economy means it should be possible to secure fair value from nationalisation. "
According to the Sunday Times, water company Anglian has also Set Up an offshore Holding Company . Severn Trent is said to be considering a similar move.
In a statement Labour said: "The UK's energy networks are vital strategic infrastructure on which we all rely. You cannot boil a kettle, heat your home or run a business without The Grid .
"The idea that private owners, who have been ripping off The Public , would move offshore in an attempt to prolong the rip-off illustrates just why we need The Grid back in public hands. "
national grid, sse, labour party, companies, energy industry
Source of news: bbc.com
