United Utilities PLC (NYSE:UU)
Industry: Utilities
United Utilities PLC (United Utilities), incorporated on April 1, 1989, together with its subsidiaries, provides wastewater and water services, and electricity distribution services in northwest England. The Company's operating subsidiaries include United Utilities Water PLC (United Utilities Water), United Utilities Electricity PLC (United Utilities Electricity), United Utilities Contract Solutions Holdings Limited (United Utilities Contract Solutions) and Vertex Data Science Limited (Vertex). The Company operates in three business segments: licensed multi-utility operations, infrastructure management and business process outsourcing. The licensed multi-utility segment includes the regulated monopoly activities of United Utilities Water (wastewater and water) and United Utilities Electricity (electricity distribution). Under the infrastructure management segment, United Utilities Contract Solutions provides a service to clients in managing their infrastructure assets. In addition, it also owns the Company's interest in non-regulated utility assets. Under the business process outsourcing segment, Vertex provides business process outsourcing and technology services. On February 26, 2006, the Company disposed of its telecommunications business, Your Communications Group Limited to THUS Group plc. Licensed Multi-utility Operations The Company's subsidiary, United Utilities North West PLC, manages the operation of the licensed wastewater and water treatment and network assets owned by United Utilities Water, and the electricity distribution assets owned by United Utilities Electricity, in northwest England. These businesses deal with the removal and treatment of wastewater from, and the treatment and distribution of, around 2.2 billion liters of water a day to 3.1 million homes and businesses. These businesses also manage the annual distribution of approximately 25,500 gigawatt-hours of electricity to 2.3 million consumer premises. United Utilities North West manages the sales, billing, cash collection and debt management activities and systems for 3.1 million domestic and business customers in northwest England. Its activities also include onsite treatment of wastewater and water at customers' premises (together with United Utilities Contract Solutions), and advice on controlling leakage at customers' premises and on the recycling of water. In accordance with its license, United Utilities Water is responsible for the collection, treatment and disposal of domestic wastewater, trade effluent (non-domestic wastewater) and surface water in northwest England. Surface water, mainly from groundwater infiltration and highway drainage, forms a major part of the wastewater treated by United Utilities Water. United Utilities Water's wastewater treatment works provide a range of treatments. These include primary, secondary and tertiary treatment involving a variety of physical, chemical and biological processes. Treated liquid final effluent is discharged into rivers, estuaries or via sea outfalls. A by-product of the treatment of wastewater is sewage sludge. Sewage sludge is also treated by a range of physical, chemical and biological processes. United Utilities Water obtains water from various sources, including reservoirs, rivers and aquifers. Treated water is delivered to the end customer through a network of large diameter trunk mains to smaller trunk mains, service reservoirs and water towers, and distribution mains. The Company's subsidiary, United Utilities Electricity, owns the distribution network, which carries electricity from the National Grid along power lines to consumers' premises on behalf of the electricity supply companies. Infrastructure Management Under the infrastructure management segment, United Utilities Contract Solutions has three market-facing businesses: Utility Solutions, International, and Industrial and Commercial Solutions. Utility Solutions develops and operates contracts in the United Kingdom utility market, and serves over 12 million people in the United Kingdom. During the fiscal yea
As Of: 10/07 00:00 ET
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