Cadent Gas

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Cadent Gas Limited
Limited company
Industry Utilities
Founded October 1, 2016; 21 months ago (2016-10-01) (as National Grid Gas Distribution Ltd.)
Headquarters Coventry, United Kingdom
Products Gas distribution and transmission
Owner A consortium (that holds 61%) including: Macquarie Infrastructure and Real Assets, CIC Capital, Allianz Capital Partners, Hermes Investment Management, Qatar Investment Authority
and National Grid plc (39%)[1]
Website www.cadentgas.com

Cadent Gas Ltd. is a gas distribution company in the UK. It was formed in October 2016 as part of National Grid plc as National Grid Gas Distribution Limited. National Grid sold a majority stake in the business to a consortium including Macquarie Infrastructure and Real Assets and the Qatar Investment Authority on 31 March 2017. Cadent is Britain's largest gas network and maintains 131,000 kilometres of pipes supplying 11 million homes and businesses in the North West, Midlands, East and South East of England.[2][3][4][5]

Cadent also manages the national gas emergency service free phone line on behalf of the gas industry in the UK. Calls made to the central hotline number (0800 111 999) are answered by Cadent staff in the Hinckley Operational Centre and then routed to engineers and other gas companies as required.[citation needed]

As a gas distribution network owner - 4 of the 8 networks in the UK are owned by Cadent Gas - the company does not produce or own the gas that passes through their pipeline networks. Their responsibility stops at the gas shut off valve.[citation needed]

References

  1. ^ Penfold, Simon (2 May 2017). "New look for National Grid Gas business in £13bn deal". Express and Star. Retrieved 6 March 2018. 
  2. ^ https://cadentgas.com/About-us/Our-history
  3. ^ "Utility Week – National Grid Gas Distribution reveals new name". utilityweek.co.uk. Retrieved 23 June 2017. 
  4. ^ "Reality Check: Why does Labour want to control National Grid?". 11 May 2017. Retrieved 23 June 2017 – via www.bbc.co.uk. 
  5. ^ http://www.lincolnshirelive.co.uk/gas-distribution-company-serving-lincolnshire-sold-for-13-billion-to-become-independent/story-30307361-detail/story.html

External links

Media related to Cadent Gas at Wikimedia Commons

  • Official website
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