History
The Development Branch of EDF Energy was formed in April 2004, bringing together the separate infrastructure interests of what were LE Group, SEEBOARD and SWEB. The focus for the Branch is development activity through the participation in major new infrastructure projects, largely in the public sector through Public-private partnership (PPP) and Private Finance Initiative (PFI) type schemes. The Development Branch of EDF Energy was later dissolved in October 2006.
The electricity distribution (or downstream) networks formally known as EDF Energy Networks were sold in Nov 2010 to Hong Kong based Cheung Kong Group (CKG), owned by billionaire Li Ka Shing. Later, EDF Energy Networks was renamed to UK Power Networks.
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Famous quotes containing the word history:
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (1874–1936)