28th Jun 2010 07:00
Electricity North West Limited which owns the North West's electricity network is pleased to announce that it has signed a contract with United Utilities for the purchase of United Utilities Electricity Services Limited ("UUES").
The purchase of UUES, which is contracted to operate and maintain the network on behalf of Electricity North West, enables the Company to establish one group which owns, operates, manages and maintains its network. This will enable Electricity North West to address the challenges of Ofgem's latest price control and provides an efficient business structure to deliver investment in the North West's electricity network.
For further information please contact:
Brian Bennett, Head of External Communications, Electricity North West: T 07920 579 285
Rupert Pittman, Cardew Group T 020 7930 0777
Related Shares:
Elc. N 8.875%26