Yorkshire Water receives fresh funding despite sewage fines and pay row

Private equity group EQT to take 42% stake as supplier faces scrutiny over environmental record and CEO’s pay Business live – latest updates A leading European investor will pump fresh funding into Yorkshire Water including helping to cover a £600m loan, despite recent heavy sewage fines and a scandal over executive pay at the utility firm. EQT, a Swedish private equity group, said on Monday it would take a 42% stake in Kelda Holdings, the Jersey-registered parent company of Yorkshire Water...

By Alex Daniel