EQT has announced that the EQT Active Core Infrastructure strategy has agreed to acquire a 42 percent shareholding in Kelda Holdings, the parent company of Yorkshire Water.
Yorkshire Water provides essential water and wastewater services to approximately 5.5 million individual customers, serving more than 2 million homes and 140,000 businesses. It operates nearly 700 treatment works, 120 reservoirs and more than 83,000 kilometers (51,600 miles) of mains across the Yorkshire region.
This transaction takes place as the U.K. water sector enters a new phase of investment, following the latest regulatory price review. Yorkshire Water is investing significant capital to deliver sustained improvement whilst increasing accountability. EQT, alongside existing investors, will look to play a leadership role in driving progress.
Following completion of the transaction, EQT will work in partnership with its co-shareholders and the company’s management team to deliver susta
