Yorkshire Water is a water supply and treatment utility company servicing West Yorkshire, South Yorkshire, the East Riding of Yorkshire, part of North Lincolnshire, most of North Yorkshire and part of Derbyshire, in England. The company has its origins in the Yorkshire Water Authority, one of ten regional water authorities created by the Water Act 1973, and privatised in 1989. The company has been part of the Kelda Group since 1999.
Until February 2008, the parent company, Kelda Group, was a listed company on the stock exchange, when it was bought by a consortium of companies. In May 2012, one of the companies that formed part of the consortium RReef, was in the process of being taken over by a German asset infrastructure fund called Guggenheim. Also known as Yorkshire Water Services Ltd., Yorkshire Water Enterprises and Yorkshire Environmental Solutions.
The company vision is "Taking responsibility for the water environment for good". In 1995 Sir Gordon Jones, the £189,000 a year chairman of Yorkshire Water since 1983, was forced to quit after a year of drought and public relations disasters for the company.
It is regulated under the Water Industry Act 1991
Read more about Yorkshire Water: Area, Environmental Record, Performance, Constituents, Reservoirs
Famous quotes containing the word water:
“If water is too clear, it will not contain fish; people who are too cautious will never gain wisdom.”
—Chinese proverb.