Yorkshire Water is ultimately owned (through a complex series of holding companies) by Kelda Holdings, which is incorporated in Jersey.
Kelda is owned by a series of investment and sovereign wealth funds:
- RREEF Pan - European Infrastructure Fund (23.4%)
- Gateway Infrastructure Investments L.P
- Gateway UK Water L.P. and Gateway UK Water II L.P., (managed by Corsair Infrastructure Management L.P.) (30.3%)
- Prudential (10.0%)
- SAS Trustee Corporation (10.0%)
Most notably, 26% of the company is owned by GIC Special Investments, a sovereign wealth fund owned by the government of Singapore.
Profits:
- £242.3m in 2021/22, up from £241.4m the previous year.
- The company’s senior management received £3.298m in bonuses.
- It paid out £52.6m in dividends.
- Chief executive Nicola Shaw will be paid a base salary of £574,000.
- Chief financial officer Chris John will receive £317,764.
- Outgoing chief executive Liz Barber will be paid £442,909 this year.
Pollution and loss
- Sewage has spilled into Yorkshire's waterways for 1.5 million hours over the last six years.
- There were 169,576 spillage incidents between 2016 and 2021, which equates to one incident every 18 minutes.
- The Environment Agency recorded 74 pollution incidents last year, and five were deemed to be serious.
- Sewage spilled into designated bathing sites for at least 160,000 hours in total last year during 953 storm overflow incidents. There were 22 incidents at bathing spots in Yorkshire.
- It lost 283.1m litres per day in 2021/22.
Yorkshire Water has been fined £1.6M for polluting a Bradford watercourse in a prosecution brought by the Environment Agency. It was also ordered to pay a victim surcharge of £170 and £22,112.79 in costs.
Yorkshire Water brought in a hosepipe ban in August to curb residents' use. But it lost 283.1m litres of water per day in 2021/22
