Ventia secures Yarra Valley Water contract renewal
| Stock | Ventia Services Group Ltd (VNT.ASX) |
|---|---|
| Release Time | 15 May 2026, 1:36 p.m. |
| Price Sensitive | Yes |
Ventia secures Yarra Valley Water contract renewal
- $405 million 9-year contract for maintenance services
- Consolidates existing service contracts, sewerage and water network reactive maintenance, and mechanical and electrical planned and reactive maintenance
- Ventia secures South region, reinforcing its position as a trusted delivery partner
Ventia Services Group Limited (ASX:VNT) has announced the renewal of its maintenance services contract with Yarra Valley Water, valued at $405 million over a 9-year period. The new contract consolidates existing service contracts, sewerage and water network reactive maintenance, and mechanical and electrical planned and reactive maintenance. Under Yarra Valley Water's new delivery model, two strategic partners will manage maintenance services across North and South regions, with Ventia securing the South region. This reinforces Ventia's position as a trusted delivery partner in essential services. Ventia has been delivering sewage and network maintenance services for Yarra Valley Water since 2015, and the new partnership arrangements will commence in October 2026. Ventia's Managing Director and Group CEO, Dean Banks, stated that the company is pleased to continue its partnership with Yarra Valley Water, focusing on transformational asset management and enhanced service delivery to deliver reliable services for people and businesses within their service area.