LGPS Central commits capital to Yorkshire Water
Author: LAPF Investments | Published: March 23, 2026
LGPS pool LGPS Central has committed capital to Yorkshire Water through a new partnership led by EQT, reinforcing the role of pension capital in delivering resilient public services.
It forms part of a wider transaction in which EQT is acquiring a significant percentage stake in Yorkshire Water from existing investors. The structure provides liquidity while ensuring continued long-term stewardship of the asset through an open-ended infrastructure approach designed to support sustained investment.
The transaction takes place at a time of heightened focus on the UK water sector, including recent policy developments and regulatory reforms aimed at strengthening governance, transparency and long-term sustainability.
The pool believes this evolving framework creates a supportive environment for patient, long-term capital, particularly from UK pension funds.
LGPS Central’s chief investment officer Jayne Atkinson said: “We see significant long-term value in essential infrastructure assets that underpin the functioning of the UK economy. Water infrastructure plays a fundamental role in supporting communities, environmental outcomes and economic resilience.
“Through this investment we are able to support the continued development of a critical utility while delivering stable, long-term value for our partner funds.”
