Goldman Sachs is teaming up with Allianz, Europe’s largest insurance company, to make a £2bn bid for a 30% stake in Yorkshire Water, according to the Sunday Times.
They are expected to have plenty of competition at the auction as water utilities in the UK are seen as “safe-havens” for investors, with Yorkshire Water particularly profitable.
Yorkshire Water was bought in 2008 for £3bn by a consortium of investors led by Citigroup, but the utility could now be worth more than £5bn.
Earlier this year, there were reports that Citigroup was looking to sell 17% of its 37% stake and the infrastructure arm of M&G, Infracapital, plans to sell its entire 13% holding.
Yorkshire Water has recently come under fire from MPs after it transpired that it paid no corporation tax last year in spite of making £186m in profits and paying dividends of £256m to its investors.
Bids for the company are due by the middle of next month, the Sunday Times said.
In a TV show that will explain the complex journey of the wastewater treatment process, Lakeside Equipment Corporation is set to feature in US Public Television’s All Access program with Andy Garcia.
Environmental Services & Solutions (ESS) Expo, the UK’s largest environmental event, has released the full speaker programme for its 2025 event, which now features seven shows spanning all corners of the environmental sector, under one roof at the NEC Birmingham.
We are exhibiting at WWEM – Water, Wastewater and Environmental Management Expo, which is one of the eight exhibitions taking place at the NEC, Birmingham 17-18 September 2025 as part of ESS Expo 2025. Please come along and visit us at Stand WW-S60.
Publication of the Independent Water Commission’s Final Report, alongside new legislation and updated national standards, marks a major turning point in the wider adoption of sustainable drainage systems (SuDS) by water companies and developers, according to Alex Stephenson, director, SuDSPlanter.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video. 
What is to be done about the UK’s failing utilities? Listen to Professor Dieter Helm explore the options to tackle the UK’s failing utilities – Thames Water, the Royal Mail and Network Rail in particular.