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Ventia Services Group Limited ( (AU:VNT) ) has issued an update.
Ventia has secured a nine-year renewal of its maintenance services contract with Melbourne-based utility Yarra Valley Water, valued at $405 million. The agreement consolidates multiple existing contracts into a single arrangement covering sewerage and water network reactive maintenance, as well as mechanical and electrical planned and reactive maintenance.
Under Yarra Valley Water’s new delivery model, maintenance services will be managed by two strategic partners across its North and South regions, with Ventia appointed to the South region. The renewed partnership, commencing in October 2026, reinforces Ventia’s role as a key long-term provider of essential water infrastructure services and underscores its strong performance in customer experience, response times and asset management for the utility since 2015.
More about Ventia Services Group Limited
Ventia Services Group Limited is a leading essential infrastructure services provider operating across Australia and New Zealand. The company delivers maintenance and operational services across sectors including defence, social infrastructure, water, electricity and gas, resources, telecommunications and transport, supported by a workforce of more than 35,000 people at over 400 sites.
Learn more about VNT stock on TipRanks’ Stock Analysis page.