Scotia Gas Networks
Encyclopedia
Scotia Gas Networks is a holding company of Scotland Gas Networks and Southern Gas Networks based in Horley
.
's decision to sell four of its local gas distribution zones in order to raise funds for expansion. A consortium made up of Scottish and Southern Energy, Borealis Infrastructure and Ontario Teachers' Pension Plan
purchased the Scottish, Southern and South Eastern gas networks. It delivers gas to 5.7 million customers in an area covering all of Scotland
and in England
from Milton Keynes to Dover in the east and Lyme Regis in the west, including London boroughs to the south of the River Thames.
Horley
Horley is a town in Surrey, England, situated south of the twin towns of Reigate and Redhill, and north of Gatwick Airport and Crawley.With fast links by train to London from Horley railway station, it has grown popular with commuters in recent years...
.
History
The company was formed following National Grid plcNational Grid plc
National Grid plc is a multinational electricity and gas utility company headquartered in London, United Kingdom. Its principal activities are in the United Kingdom and northeastern United States and it is one of the largest investor-owned energy companies in the world.National Grid is listed on...
's decision to sell four of its local gas distribution zones in order to raise funds for expansion. A consortium made up of Scottish and Southern Energy, Borealis Infrastructure and Ontario Teachers' Pension Plan
Ontario Teachers' Pension Plan
The Ontario Teachers' Pension Plan , commonly referred to as Teachers, is the organization responsible for administering pensions for public school teachers of the Canadian province of Ontario. The OTPP also invests the plan's pension fund, making it one of the largest and most powerful investment...
purchased the Scottish, Southern and South Eastern gas networks. It delivers gas to 5.7 million customers in an area covering all of Scotland
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
and in England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
from Milton Keynes to Dover in the east and Lyme Regis in the west, including London boroughs to the south of the River Thames.