SEEBOARD was formed in 1990 when the UK electricity market was privatised.
After several different owners and trading names, it is currently trading as UK Power Networks.
Use of the SEEBOARD Brand Today?
The SEEBOARD name ran from 1990 through to 2002 when the business was purchased by EDF who renamed all their UK distribution networks and electricity supply business as EDF Energy.
A further change in ownership has seen the former SEEBOARD business become UK Power Networks.
SEEBOARD Contact Phone Numbers & Email
Call – 0800 096 9000 (EDF)
Website: https://www.edfenergy.com/ (EDF)
The History of SEEBOARD
SEEBOARD was formed in 1990 when the UK’s electricity boards were privatised. SEEBOARD took over the former South Eastern Electricity Board’s (SEEB) assets. SEEB was created in 1948 when the UK electric market was nationalised as result of the Electricity Act 1947.
SEEBOARD was responsible for the electricity distribution network across the South East of England.
In 1996, SEEBOARD was taken over by the American company, Central & South West Corporation, which later merged with American Electric Power (AEP) in 2000.
In 2002, SEEBOARD was purchased by LE Group from AEP. LE Group already owned the Eastern Electricity distribution business and later purchased SWEB Energy distribution network. The ambition of the company was to benefit from economies of scale of owning neighbouring distribution networks.
LE Group was owned by EDF and its assets were re-branded EDF Energy in 2002. EDF had already gained a foothold in the UK energy market when it purchased London Electricity in 1998. EDF (Electricite de France) is wholly owned by the French state. London Electricity had continued to operate under its name until 2002 when it joined the distribution networks under the trading name of EDF Energy.
In 2010, EDF Energy sold off all its energy distribution networks to the Hong Kong group, Cheung Kong Group. The new owners re-branded the distribution network as UK Power Networks and they continue to operate the former SEEBOARD distribution network alongside the former SWEB and Eastern Electricity networks.
What Happened to SEEBOARD?
After being formed in 1990 SEEBOARD was owned by several different companies and has had several names before being owned by its current owners, Cheung Kong Group, who operate the business as UK Power Networks along with the other distribution networks that it owns.
SEEBOARD as a known entity ceased to exist in 2002 when the business became part of EDF Energy. The SEEBOARD Energy company continued to exist until 2017 but was only in existence in holding shares in EDF Energy.