These are owned by primarily UK based companies. After a quick scan of the company websites of all the companies currently operating networks I drew out the following ownership information:. In terms of electricity distribution: Figure 2. Image from Energy Networks Association Website. Through considering this ownership information and using number of customer connections each company has to represent company size [2] , it turns out that just And the foreign ownership of gas distribution is increasing.
So why does this all matter? But surely this foreign ownership has major implications for the culture and performance of the companies? As an ex-employee of one of the gas networks at the time owned half by SSE and half by Canadian pension funds I can remember feeling pleased to be part of a company with was part of and contributed to the UK economy.
And I can imagine many people feeling the same way — all staff have are the purely financial drivers of pay and benefits to make them perform. Where is the personal ownership and pride? We are one of the largest investor-owned energy companies in the US — serving more than 20 million people throughout New York, Massachusetts, and Rhode Island.
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