Severn Trent Plc said on Thursday it would buy organic waste recycler Agrivert Holdings Ltd for 120 million pounds ($156.1 million), as the British water utility aims to expand its renewable energy business. Agrivert generates renewable energy from food waste and operates food-waste processing plants and waste composting sites in the UK. “Renewable energy is […]

British water utility Severn Trent said on Thursday it would buy organic waste recycler Agrivert Holdings for 120 million pounds ($156 million), as it beefs up its renewables business that is largely shielded from rising energy costs. Agrivert generates renewable energy from food waste and operates food-waste processing plants and waste composting sites in Britain, […]