Basic Search  |  Summaries  |  Advanced SearchCompany Nation/Region: England and Wales
Penalty: £100,000,000
Year: 2022
Date: 13 October, 2022
Offence Group: consumer-protection-related offences
Offence Type: water services violation
Violation Description: Yorkshire Water agreed to invest an additional £100 million to reduce spills to the environment from storm overflows in addition to already committed investment, in an undertaking with Ofwat settling concerns that the company had made inter-company loans to associated companies to an extent that could leave Yorkshire Water without the financial resilience to carry out its licence obligations to customers and the environment.
Action Type: agency action
Settlement Type: Untertaking with Ofwat
Agency: Water Services Regulation Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: privately held
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: water and sewer services
Source of Data: (click here)