SWEB Energy(Redirected from South Western Electricity Board)
SWEB Energy, formerly South Western Electricity Board (SWEB) was a British state-owned regional electricity company operating in South West England which was privatised by the Thatcher government. Although sold many times, the 'SWEB' brandname survived until 2006.
The area SWEB is now operated by Hong Kong's CK Hutchison Holdings' Western Power Distribution.
In 1990 SWEB Energy was formed from the privatisation of the South Western Electricity Board.
In 1995 SWEB Energy was bought by the American utility Southern Company.
In 1999 the company was bought by the American-owned distribution company Western Power Distribution and was split into two. Western Power itself (officially as WPD South West) dealt with the local distribution, metering and substations, and the 'SWEB' brandname was continued as a retail energy utility.
- Restructuring and Privatisation of Electricity Distribution and Supply Businesses in England and Wales: A Social Cost–Benefit Analysis
- French beat British Energy again with £160m Sweb deal, The Independent, Jun.12.1999
- Commission clears acquisition of SWEB (United Kingdom) by EdF (France), European Commission, Press Release, Jul.20.1999