East Midlands Electricity [SEP] inception
East Midlands Electricity
The East Midlands Electricity Board (EMEB) was formed in 1947 as one of the United Kingdom's 12 area electricity boards specified under the Electricity Act 1947. In 1990 it was floated on the stock market as East Midlands Electricity plc, which went through several changes of ownership.
Supply area.
The board covered a large area: from Chesterfield in Derbyshire, to Newport Pagnell (near modern-day Milton Keynes), in Buckinghamshire, and from Coventry in the west to Skegness in the east
considerably by acquiring the regional electricity company East Midlands Electricity in 1998 and the supply business of TXU Energi in 2002. Powergen was eventually taken over itself by E.ON, an acquisition which was completed in January 2002.
It then bought the distribution network operator Midlands Electricity in 2004. This was merged with the distribution business of East Midlands Electricity and rebranded as Central Networks. The Industrial & Commercial Retail business was rebranded as E.ON UK on 5 July 2004. The creation of the Central Networks business in April 2004 included "a company