Northern Electric plc (NTEA) 8.061p (Net) Cum Prf 1p
Northern Electric plc is a United Kingdom-based holding company. The Company operates in three segments: Distribution, Contracting and Other. The Company's Distribution segment is engaged in the distribution of electricity. The Contracting segment is engaged in engineering contracting. The Other segment is engaged in smart meter rental in the United Kingdom and business support units. The Company is a part of the Northern Powergrid Holdings Company group of companies (the Northern Powergrid Group). The Company is a holding company of Northern Powergrid (Northeast) Limited (Northern Powergrid), Integrated Utility Services Limited (IUS) and Northern Powergrid Metering Limited (Northern Powergrid Metering). Northern Powergrid is a distribution network operator that distributes electricity at voltages of approximately 130 kilovolts. IUS provides engineering contracting services. Northern Powergrid Metering is engaged in renting meters to energy suppliers.
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