Yorkshire Water

Parent company: Kelda Group Plc

Regulated utility: Yorkshire Water Services Ltd

Ownership: Infrastructure funds

Yorkshire Water is one of the 10 largest water and sewerage companies in the world. Yorkshire Water changed the name of its parent company to Kelda in the mid nineties to reflect its aspirations to grow its non-regulated business. It was also at that time that Yorkshire Water became notorious during the drought when it suggested that those of its customers who wanted to use a lot of water should move to another region. In 1996 it was bottom of the OFWAT service league.

Since then the company has managed a dramatic improvement in performance. It is now rated consistently as one of the top performing water companies.

Its parent company Kelda, was delisted from the London Stock Exchange in 2008 following acquisition by the global infrastructure fund, Saltaire Water. The sale price was £3 billion and the consortium includes HSBC, GIC, Infracapital and Citigroup.

The Group focus is now on delivering value by providing quality water and wastewater services. It has reduced its involvement in areas outside of the water industry selling its 45% stake in the Waste Recycling Group in 2003 and its American operations in water management in 2007.

The Yorkshire Water vision is to be "Clearly the best water company in the UK". The company has made a clear commitment to innovation and are taking the lead in introducing a number of new technologies. In 2010 their asset delivery team are relocating to Leeds in a combined office with their key partners. Yorkshire Water have been in the top three of Ofwat's Operating Performance Assessment in each year of AMP4.

Data from annual report for the year ending March 2010

Financial data is for the regulated utility

	Amount
Turnover	£ 869 million
Operating profit	£ 376 million
Capital Investment	£ 262 million

Data for the regulated UK water business only

	Amount
Area served	13 500 km2
Population -Water -Waste water	4.8 million 4.7 million
Water -Water supplied a day -Length water mains -Water treatment works	1295 Ml 31 445 km 76
Sewerage -Length of sewers -Waste water treatment works -Sludge produced	30 416 km 632 129 000 te's dry

Address

Kelda Group plc
Western House
Halifax Road
Bradford
BD6 2LZ

Tel: 01274 600111

Web site: www.yorkshirewater.co.uk

Non-regulated business

Kelda Services runs non-regulated business in operations which are now entirely focused on contract operations in water and waste water across the UK.

It has been successful as part of the Brey consortia in winning a major long term contract with the MoD. The Bray consortia comprises Yorkshire Water with a 45% stake, AECOM and Halliburton KBR. The contract is the largest PFI deal in the UK and a major Private Public Partnership. The deal involves the transfer of responsibility for water and wastewater assets and their operation at over 1000 MoD sites in the Midlands, Wales and South West. It also manages operations for Scottish Water and Northern Ireland Water. Other non regulated activity includes Loop Customer Management, Safe-Move and KeyLand Developments its property arm.

Web site: www.keldagroup.com

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