Group and owners
South Staffs Water is part of South Staffordshire Plc group of companies which concentrate on regulated water supply and complimentary specialist services businesses.
South Staffs Water is owned by the Global Infrastructure Fund of the investment business Kohlberg Kravis Roberts & Co. L.P. (KKR), which is quoted on the New York Stock Exchange, together with infrastructure funds of certain co-investors of KKR.
The KKR infrastructure funds are controlled and managed by KKR Infrastructure Limited.
About South Staffordshire Plc
South Staffordshire Plc, the immediate parent company of South Staffs Water, ensures through its detailed knowledge of all its subsidiaries and the water sector that it understands the duties and obligations of a regulated company. Although some Directors sit on both of the Boards of South Staffs Water and South Staffordshire Plc, South Staffs Water acts, where applicable, with the support of South Staffordshire Plc, as if it were a listed company.
There are a number of UK registered intermediate holding companies in the Group structure, headed by Hydriades IV Limited, the ultimate holding company registered in the UK. There are also intermediate holding companies above Hydriades IV Limited which are registered in Jersey but which are resident in the UK for tax purposes. In line with other KKR investments in Europe, the parent of the Jersey companies is a company registered in Luxembourg (Selena Luxco S.à.r.l.) which is the company in which the long-term infrastructure funds of KKR and their co-investors invest. All KKR funds investing in this company are controlled and managed by KKR Infrastructure Limited.