Defunct 1998 Founded 1990 Ceased operations 1998 | Fate Acquired | |
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London electricity board black box device
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.
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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 under the Electricity Act 1989, as London Electricity plc.
The Company was acquired by Entergy, a US company in 1996 and then by Électricité de France in November 1998.
Notable employees of the business include former Prime Ministers of the United Kingdom John Major and his successor in that office Tony Blair as well as the former Archbishop of Canterbury George Carey.