Welsh Water: role model or special case?

Dennis Thomas

Research output: Contribution to journalArticlepeer-review

6 Citations (SciVal)

Abstract

This paper examines the issues involved in the conversion of the Welsh Water utility into a debt-funded, not-for-profit company, owned by members and limited by guarantee. The separation of asset ownership from out-sourced service management and operations, combined with debt financing, provides a revolutionary package with implications for the restructuring of the privatized water sector in England and Wales. However, the Glas Cymru model currently remains untested and its particular features, together with the circumstances of the Welsh Water acquisition, prevents its presentation as a template for replication by other companies.
Original languageEnglish
Pages (from-to)99-114
Number of pages16
JournalUtilities Policy
Volume10
Issue number2
DOIs
Publication statusPublished - Jun 2001

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