Cardew Group has advised Pennsylvania Power and Light (PPL) on its £4 billion acquisition of Central Networks from E.ON UK plc which was will be completed this month. PPL will integrate Central Networks with its UK subsidiary Western Power Distribution which has been a client of Cardew Group since 1993.
WPD distributes electricity through about 52,000 miles of lines in South West England and South Wales, including the cities of Bristol and Cardiff. Central Networks is responsible for the operation of about 83,000 miles of lines in an area comprising central England, including the cities of Birmingham and Nottingham.
Contacts: Anthony Cardew
