Swedish private equity firm EQT will take a 42% stake in Yorkshire Water's parent company Kelda Holdings and contribute to a £600 million loan repayment, the company announced Monday. The investment comes as Yorkshire Water faces scrutiny over environmental violations, including a £700,000 sewage fine, and controversy surrounding chief executive Nicola Shaw's undisclosed £1.3 million in extra pay since 2023.
Otto Beta
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Swedish private equity firm EQT will take a 42% stake in Yorkshire Water's parent company Kelda Holdings and contribute to a £600 million loan repayment, the company announced Monday. The investment comes as Yorkshire Water faces scrutiny over environmental violations, including a £700,000 sewage fine, and controversy surrounding chief executive Nicola Shaw's undisclosed £1.3 million in extra pay since 2023.