The following article is the third of several excerpts that will appear in i3 from U.K. Infrastructure Investment and Finance from a European and Global Perspective. The report with footnotes and references is available at www.georginderst.com or the SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2972704. This study provides an overview of the financing of infrastructure investment in the United Kingdom in a European, global and historical context. The third excerpt from the report focuses on ownership and financing instruments in U.K. infrastructure.

Ownership and control

Who owns U.K. infrastructure? Since privatization, the utility companies have undergone a shift in ownership. Many listed companies were acquired by large global utility corporate entities and then, in more recent years, infrastructure funds, sovereign wealth f