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EQT Invests £600M in Controversial Yorkshire Water Upgrade

3/9/2026

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Summary

Story summary

EQT, a Swedish private equity group, will invest in Yorkshire Water by taking 42% of Kelda Holdings and covering a £600m loan due by March 2027.
Yorkshire Water faces scrutiny over practices, including a £700,000 fine for sewage pollution, amid a scandal highlighted by Channel 4's Dirty Business.
Nicola Shaw, Yorkshire Water's Chief Executive, welcomed the funding to support an £8.3bn investment program, despite a planned 6% increase in bills.

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Story summary

EQT, a Swedish private equity group, will invest in Yorkshire Water by taking 42% of Kelda Holdings and covering a £600m loan due by March 2027.
Yorkshire Water faces scrutiny over practices, including a £700,000 fine for sewage pollution, amid a scandal highlighted by Channel 4's Dirty Business.
Nicola Shaw, Yorkshire Water's Chief Executive, welcomed the funding to support an £8.3bn investment program, despite a planned 6% increase in bills.