Electricity North West
|Founded||Norweb plc 1990|
|Headquarters||Warrington, England, UK|
|Key people||Steve Johnson (CEO)
Michael McCallion FCA (CFO)
|Parent||North West Electricity Networks (Jersey) Limited|
Electricity North West is a British electricity distribution network operator, responsible for the administration and maintenance of the network that distributes electricity throughout the North West of England.
Background and History
Electricity North West Limited is a private limited company registered in England and Wales. The Company is ultimately owned by long-term infrastructure funds managed by Colonial First State Global Asset Management (a member of the Commonwealth Bank of Australia Group) and by JP Morgan Investment Management Inc.
The principal activity of the Group is the distribution of electricity in the North West of England on behalf of the electricity supply companies. Customers receive their electricity bill from their suppliers who pay for use of the electricity network. Electricity North West delivers electricity to 5 million people in 2.4 million properties throughout the North West. The distribution network had originated as NORWEB (from 1948 to 1990, the North West Electricity Board).
On 19 December, 2007 United Utilities Group plc sold United Utilities Electricity Limited to North West Electricity Networks (Jersey) Limited, a company advised by Colonial First State Global Asset Management and the Infrastructure Investment Group, which is advised by JP Morgan Asset Management. United Utilities operated and maintained the North West of England's electricity network on behalf of Electricity North West Limited, until June 2010. On the 30 June 2010 the company completed the purchase of United Utilities Electricity Services Limited (‘UUES’) from United Utilities Group PLC (‘UU’). The purchase of UUES, which had previously been contracted to operate and maintain the network, established one Group which owns, operates, manages and maintains its network. UUES was subsequently renamed Electricity North West Services Limited (‘ENWSL’).
As the distribution network operator for the North West of England, Electricity North West owns and is responsible for the construction and maintenance of the network that distributes electricity throughout the region. This includes the inspection and maintenance of assets which include 13,000km of overhead lines, 43,000km of underground cables, and 38,000 transformers.
- About Electricity North West
- Annual Report and Accounts 2012
- "CFS Home page".
- "JPM Infrastructure Investments Group".
- Strategic Direction Statement
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