E.ON UK
From Wikipedia, the free encyclopedia
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| Type | Public |
|---|---|
| Founded | 1990 (as Powergen) |
| Headquarters | Coventry, England, UK |
| Key people | Dr. Paul Golby, CEO |
| Industry | Energy |
| Products | Power and gas |
| Employees | 22,000 |
| Parent | E.ON |
| Website | www.eon-uk.com |
E.ON UK is an energy company in the United Kingdom and a subsidiary of E.ON, the world's largest investor-owned power and gas company. As Powergen it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but since January 2002 has been owned by E.ON AG.
It is a vertically integrated utility company with interests in electrical generation, electricity distribution in the Midlands region, and in the electricity and gas supply markets.
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[edit] History
Powergen was formed in 1990 when the Central Electricity Generating Board was split into three generating companies (Powergen, National Power and Nuclear Electric plc) and an electricity transmission company, National Grid Company.
Powergen became a Public Limited Company, wholly-owned by the UK government. In March 1991, 60% of Powergen was sold to private investors, followed by the remaining 40% in March 1995.[1]
It expanded considerably by acquiring the regional electricity company East Midlands Electricity in 1998[2] and the supply business of TXU Energi in 2002.[3] Powergen was eventually taken over itself by E.ON, an acquisition which was completed in January 2002.[4]
It then went on and bought the Distribution Network Operator Midlands Electricity in 2004.[5] This was merged with the distribution business of East Midlands Electricity and rebranded as Central Networks.[6] The Industrial & Commercial Retail business was rebanded as E.ON UK on 5 July 2004.[7]
In January 2008, E.ON acquired West Midlands-based CHN Group, a provider of heating services to builders, local authorities and housing associations across the region.[8] Then in August 2008 E.ON completed the purchase of a portfolio of highway lighting projects from ABB.[9]
[edit] Operations
The company's headquarters are in Coventry at Westwood Business Park, in a building designed by Bennetts Associates. There are numerous other offices and power generation sites across the country.
UK businesses
E.ON UK's businesses comprise of:
- Generation
- Distribution (Central Networks)
- Retail
- Energy Services
Other UK businesses
E.ON's other operations in the UK include:
- E.ON Climate and Renewables - renewables and climate protection projects
- E.ON Engineering - engineering and technology
- E.ON Ruhrgas UK North Sea - oil and gas exploration and production, within the UK sector of the North Sea
- E.ON IS UK - the company's IT service provider
The company owns and operates Kingsnorth Power Station and is behind highly controversial plans to build a new coal power plant at the site, [10] plans which have led to demonstrations [11] and an attempt by Greenpeace to prevent the docking of a coal carrier on the River Medway. [12]
[edit] Brands
The creation of the Central Networks business in April 2004 included "a company of E.ON" as part of its logotype. In October 2005 it was also added to the Powergen logotype.
In June 2007, a major advertising campaign entitled "The wind of change", containing advertisements using the E.ON logo, was launched. The campaign featured the Robin Rigg offshore wind farm in the Solway Firth, currently in development. In the consumer market, this was complemented by a replacement of the mostly blue Powergen identity to the red identity of E.ON, and the launch of a new product, Go Green, using electricity from renewable sources and carbon offset gas.
On the 22 October 2007, the company announced that the E.ON Energy and Powergen brands would change to E.ON as of the 1 November and 3 December 2007 respectively. [13]
[edit] Sponsorship
ITV National Weather
Powergen sponsored the ITV National Weather forecasts from its launch in 1989 up to 2007, a period of 18 years. They were known for their memorable sponsorship sequences from weather themes circulating around the (or parts of) the Powergen logo, and from 1996, the Weathergens, a "mascot" of Powergen representing different types of weather. The sponsorship ended in 2007 and ITV National Weather is now sponsored eSure, Sheila's Wheels and Gocompare.
Sport
In 2006, E.ON UK announced that it was to be the sponsor of the FA Cup for a four-year period. During this period, the competition is formally called "The FA Cup sponsored by E.ON". Prior to 2006, the company had sponsored the rugby union and rugby league cup competitions under the Powergen brand.
The company is the energy partner of the Football League, and sponsors the E.ON Lounge at the Ricoh Arena, the home of Coventry City Football Club.
In other sports, E.ON UK is also a sponsor of the Tour of Britain cycling championship, and in 2007 launched a campaign with Ellen MacArthur to encourage energy efficiency within businesses.
[edit] References
- ^ More power to the people
- ^ Powergen buys East Midlands
- ^ Powergen buys TXU's British arm
- ^ E.ON to buy Powergen
- ^ Powergen to buy Midlands Electricity
- ^ Powergen axe
- ^ UK mass market energy retail review 2004
- ^ E.ON buys CHN
- ^ Wragge & Co advises E.ON on street lighting deal
- ^ Plans for Kingsnorth push ahead
- ^ http://news.bbc.co.uk/2/hi/uk_news/england/7784301.stm
- ^ http://news.bbc.co.uk/2/hi/uk_news/england/kent/8112076.stm
- ^ "E.ON UK Press Releases, Powergen is changing to E.ON…". E.ON. http://pressreleases.eon-uk.com/blogs/eonukpressreleases/archive/2007/10/22/1131.aspx. Retrieved on 2007-10-26.
[edit] See also
[edit] External links
- E.ON UK
- E.ON UK Community Relations
- E.ON - products and services for retail customers
- Central Networks
- E.ON Ruhrgas UK
- E.ON Engineering
[edit] Video clips
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