Acquisition of NIE plc, NIE Powerteam and allied businesses by ESBNI Ltd

In July 2010, Electricity Supply Board and ESBNI Limited (ESB) entered into a sale and purchase agreement with Viridian Capital Limited and Viridian Group Limited (Viridian) for the sale and purchase of Northern Ireland Electricity plc (NIE); NIE Powerteam Limited and Powerteam Electrical Services (UK) Limited (PES) and Capital Pensions Management Limited, (the Purchase). As ESB completed the Purchase in December 2010, ESB now own NIE.

This decision paper (following on from SEM-11-011) sets out the proposed wording changes that the SEMC considers are required to the Licences or to the documents or information required under those licences. The Proposed Licence Modifications are detailed in Annex B of the Decision Paper.

All comments on the licence changes are to be received by 17th February 2012