EQT acquires 42% stake in Yorkshire Water parent

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EQT acquires 42% stake in Yorkshire Water parent

privateequitywire

3 months ago

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EQT has agreed to acquire a 42% stake in Kelda Holdings, the parent company of Yorkshire Water, marking one of the largest recent investments in the UK water sector as the industry faces mounting regulatory and financial scrutiny, according to a report by Reuters.
Singapore’s GIC will increase its stake in Yorkshire Water to 42% as part of the deal, while Australia’s TCorp will increase its stake to 16%.
As part of the agreement, EQT will also contribute to a loan of approximately £600m that Kel...

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