- United Utilities
company_name = United Utilites PLC
company_type = Public (lse|UU.)
foundation = 1995
Warrington, England, UK
industry = Utility - water, wastewater, electricity, gas
products = Water
revenue = £2,323 million (
operating_income = £828 million (
net_income = £434 million (
homepage = [http://www.unitedutilities.com www.unitedutilities.com/]
United Utilities (UU) (lse|UU.) is a British utility company with its headquarters in
Warringtonwhich operates mainly in the North West England, with 9,000 employees. It serves over 20 million people around the UK and worldwide. Its shares are listed on the London Stock Exchangeand it is a member of the FTSE 100 Index.
Its water business is regulated under the
Water Industry Act 1991
United Utilities was created in 1995 by the merger of
North West Waterand Norweb. [ [http://findarticles.com/p/articles/mi_qn4158/is_19950908/ai_n14004928 Power over the serfs] ] It sold its telecoms business, Your Communications in 2006, and Vertexin March 2007. [ [http://www.guardian.co.uk/business/2005/jun/03/utilities United Utilities to sell telecoms arm] ]
In December 2007 United Utilities sold its electricity distribution network to North West Electricity Networks, a joint venture between
Colonial First State, which is part of the Commonwealth Bank of Australia, and US investment bank JP Morgan. Electricity North West Limited became the licensed Distribution Network Operator for the north west of England as a consequence of the sale. [ [http://www.guardian.co.uk/business/2007/nov/24/jpmorgan.unitedutilities United Utilities sells its power supplies network] ]
United Utilities operates
water, wastewater, electricityand gasnetworks. In north west England it is investing £3.5 billion between 2005-2010 to improve utility infrastructure and the environment.
Its customers include:• Northern Gas Networks – for whom it operates and maintains the gas network in the north of England, serving 2.5 million customers.•
Southern Water– UU delivers water and wastewater schemes on behalf of Southern Water, serving their four million customers.• Welsh Water– UU operates and maintains assets serving 1.2 million homes in Wales.• Scottish Water– helps deliver a £1.1 billion capital investment programme.• Electricity North West Limited - UU operates and maintains electricity assets in the North West of England.
Australia– provides water and wastewater services to 500,000 people in South Australia.• Central Europe – operates water and wastewater networks for two million people in Bulgaria, Estoniaand Poland.• Philippines– partners Manila Water. Since 1997 the number of people with access to clean drinking water has jumped from 26% to 92%.
* [http://www.unitedutilities.com/ Official site]
* [http://uk.finance.yahoo.com/q?s=uu&m=L&d= Yahoo profile]
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