United Utilities
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| Public company | |
| Traded as | : |
| Industry | Water industry |
| Founded | 1995 |
| Headquarters | Warrington, England, UK |
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Area served
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North West England |
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Key people
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| Products | |
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Production output
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| Revenue | £1,720.2 million (2015) |
| £653.3 million (2015) | |
| £271.2 million (2015) | |
| Website | www |
United Utilities Group PLC (UU), the United Kingdom's largest listed water company, was founded in 1995 as a result of the merger of North West Water and NORWEB.
The group manages the regulated water and waste water network in North West England - which includes Cumbria, Cheshire, Greater Manchester, Lancashire and Merseyside which have a combined population of nearly 7 million. The United Utilities Group was the distribution network operator for the North West until 2010 when the electricity subsidiary was sold to Electricity North West. United Utilities' headquarters are in Warrington and the company has 5,300 direct employees. Its shares are listed on the and the FTSE 100 Index.
North West England is the wettest region in England, and water hardness across the region is soft to very soft.
In 1990 North West Water and NORWEB, the companies responsible for the provision of water and electricity to the North West, were privatised. In 1995, they merged forming United Utilities but retained their separate identities.
In 1998, UU listed on the , but delisted its shares in 2007. In 2000, the North West Water and NORWEB branding was phased out in favour of United Utilities, the rebranding was completed by the end of 2001.
The company sold some of the businesses it had acquired, its telecoms business, Your Communications was sold in 2006, and Vertex in March 2007. In December 2007, United Utilities sold its electricity distribution network assets to North West Electricity Networks (Jersey) Limitied, a joint venture between funds run by Colonial First State (part of the Commonwealth Bank of Australia) and US investment bank JPMorgan Chase. Electricity North West became the licensed Distribution Network Operator for the north west of England as a result. United Utilities operated and maintained the network on behalf of Electricity Northwest until 2010, when Electricity Northwest bought the electricity network operations and maintenance arm of United Utilities to establish one Group.
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Wikipedia