London Electricity Board

London Electricity

Industry	Electricity
Fate	Acquired
Successor	EDF Energy
Founded	1990
Defunct	1998
Headquarters	London, UK

The London Electricity Board was the public sector utility company responsible for electricity generation and electrical infrastructure maintenance in London prior to 1990. It was shortened to LEB in its green and blue logo, consisting of the three letters. As London Electricity plc it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.

History

Formed as the London Electricity Board in 1948 as part of the nationalisation of the electricity industry by the Electricity Act 1947, it was privatised in 1990, as London Electricity plc.

The Company was acquired by Entergy, a US company in 1996 and then by EDF Energy in November 1998.^[1]

A notable employee of the business is John Major, prime minister of the United Kingdom from 1990 to 1997. He joined them in 1963 and remained there until May 1965, when he moved to the Standard Chartered Bank to take up an executive role.

References

1. ^ London Electricity goes to France BBC News, 30 November 1998

See also

• List of pre-nationalisation UK electric power companies
• EDF Energy