Severn Trent Water is owned by a group of institutional investors, including:
- Qatar Investment Authority (4.599%)
- Pictet Asset Management SA (3.780%)
- The Vanguard Group, Inc. (3.439%)
- Impax Asset Management Ltd. (2.870%)
- Legal & General Investment Management (2.770%)
- BlackRock, Inc. (2.660%)
- Norges Bank Investment Management (2.350%)
- State Street Global Advisors (2.250%)
- Fidelity International (2.150%)
Severn Trent Water is a water utility company that provides water and wastewater services to over 4.6 million people in the Midlands and Wales. The company was privatized in 1989 and is now listed on the London Stock Exchange.
In recent years, Severn Trent Water has been criticized for its poor performance. The company has been fined for environmental violations and has been accused of overcharging customers. However, the company has also made some progress in recent years. Severn Trent Water has invested heavily in improving its infrastructure and has reduced its leakage rates. The company has also introduced a number of new customer service initiatives.
It remains to be seen whether Severn Trent Water will be renationalized. However, the company’s ownership structure is likely to be a major factor in any decision that the government makes.