Yorkshire Water receives fresh funding despite sewage fines and pay row

Private equity group EQT to take 42% stake as supplier faces scrutiny over environmental record and CEO's payBusiness live - latest updatesA leading European investor will pump fresh funding into Yorkshire Water including helping to cover a ?600m loan, despite recent heavy sewage fines and a scandal over executive pay at the utility firm.EQT, a Swedish private equity group, said on Monday it would take a 42% stake in Kelda Holdings, the Jersey-registered parent company of Yorkshire Water, which has 5.7 million customers across Yorkshire and parts of the East Midlands and Lincolnshire. Continue reading...