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{{Short description|UK regional gas distribution company}}
{{Use dmy dates|date=April 2022}}
{{COI|date=August 2018}}
{{COI|date=August 2018}}
{{Infobox company
{{Infobox company
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| company_slogan =
| company_slogan =
| foundation = {{start date and age|2016|10|1}} (as National Grid Gas Distribution Ltd.)
| foundation = {{start date and age|2016|10|1}} (as National Grid Gas Distribution Ltd.)
| location = [[Coventry]], [[United Kingdom]]
| location = [[Coventry]], [[England]], United Kingdom
| area_served = [[West Midlands (region)|West Midlands]], [[North West England]], [[East of England]] and [[North London]]
| area_served = [[North West England]], [[West Midlands (region)|West Midlands]], [[East Midlands]], [[East of England]] and [[North London]]
| key_people = Steve Fraser, Chief Executive Officer
| key_people = Steve Fraser, Chief Executive Officer
| industry = [[Natural gas]]
| industry = [[Natural gas]]
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| operating_income =
| operating_income =
| net_income =
| net_income =
| num_employees = 4076
| num_employees = 6000+
| owner = A consortium (that holds 61%) including: [[Macquarie Group|Macquarie Infrastructure and Real Assets]], CIC Capital, [[Allianz Capital Partners]], [[Hermes Investment Management]], [[Qatar Investment Authority]]<br> and [[National Grid plc]] (39%)<ref>{{cite news|last1=Penfold|first1=Simon|title=New look for National Grid Gas business in £13bn deal|url=https://www.expressandstar.com/news/business/2017/05/02/cadent-is-new-national-grid-gas-business/|access-date=6 March 2018|work=Express and Star|date=2 May 2017}}</ref>
| owner = A consortium including: [[Macquarie Group|Macquarie Infrastructure and Real Assets]], CIC Capital, [[Allianz Capital Partners]], [[Hermes Investment Management]], [[Qatar Investment Authority]], [[Dalmore Capital]] and [[Amber Infrastructure]]<ref>{{Cite web|url=https://cadentgas.com/about-us/our-company/investor-relations/group-structure|title=Group Structure}}</ref>
| homepage = {{url|https://www.cadentgas.com/}}
| homepage = {{URL|https://www.cadentgas.com/}}
}}
}}


'''Cadent Gas '''owns, operates and maintains the largest [[natural gas]] [[distribution network]] in the [[United Kingdom]], transporting gas to 11 million homes and businesses across [[West Midlands (region)|West Midlands]], [[North West England]], [[East of England]] and [[North London]].<ref>{{Cite web|url=https://cadentgas.com/about-us/our-history|title=Our history|website=Cadent Gas}}</ref>
'''Cadent Gas ''' is a British regional gas distribution company that owns, operates and maintains the largest [[natural gas|natural]] [[gas distribution]] network in the United Kingdom, transporting gas to 11 million homes and businesses across [[North West England]], [[West Midlands (region)|West Midlands]], [[East Midlands]], [[East of England]] and [[North London]].<ref>{{Cite web|url=https://cadentgas.com/about-us/our-history|title=Our history|website=Cadent Gas}}</ref>


==Structure and activities==
Cadent Gas Limited represents four of the eight gas distribution networks in the United Kingdom. Following production and importation, all gas in the UK passes through National Grid's national transmission system, before entering the distribution networks. The distribution network providers, one of which is Cadent Limited, are responsible for the safe and efficient transportation of the gas to the end consumer, on behalf of the chosen supplier.
Cadent Gas Limited represents four of the eight gas distribution networks in the United Kingdom. Following production and importation, all gas in the UK passes through National Grid's national transmission system, before entering the distribution networks. The distribution network providers, one of which is Cadent Limited, are responsible for the safe and efficient transportation of the gas to the end consumer, on behalf of the chosen supplier.


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The company invests in raising awareness of the dangers of carbon monoxide poisoning through community and school initiatives as well as improving services to protect and support customers in vulnerable situations.
The company invests in raising awareness of the dangers of carbon monoxide poisoning through community and school initiatives as well as improving services to protect and support customers in vulnerable situations.


In 2017, the company launched a two-year fundraising partnership with [[Alzheimer's Society|Alzheimer's Society]] and committed to creating 1,000 Dementia Friends<ref>{{Cite web|url=https://cadentgas.com/news-media/news/june-2017/cadent-and-alzheimer-s-society|title=Cadent’s £100,000 fundraising pipeline for Alzheimer’s Society|access-date=14 November 2019}}</ref> and also raising £100,000 company-wide for the charity. Cadent Gas Limited also sponsor ‘EmployAbility - Let’s Work Together’<ref>{{Cite web|url=http://employabilityletsworktogether.com/about-us/our-partners/|title=Our partners|website=EmployAbility - Let's work together|access-date=2019-11-14}}</ref> scheme which changes young disabled peoples’ lives for the better. It is founded on relationships with local schools, Dorothy Goodman in Leicestershire and Oakwood, Woodlands and Exhall Grange in Warwickshire. It is an employee-led supported internship scheme for young people aged 17 to 19. Since the scheme began in 2014 an average of 71% of interns gained paid employment either with them or with other local companies, compared to the national average of 6%. The company was recently awarded ‘Most Supportive Employer’ by the [[National Autistic Society]].<ref>[https://www.exhallgrange.co.uk/wp-content/uploads/2018/03/Autism-award-Cov-Mar-2018.pdf Autism Award - March 2018]</ref>
In 2017, the company launched a two-year fundraising partnership with [[Alzheimer's Society]] and committed to creating 1,000 Dementia Friends<ref>{{Cite web|url=https://cadentgas.com/news-media/news/june-2017/cadent-and-alzheimer-s-society|title=Cadent’s £100,000 fundraising pipeline for Alzheimer’s Society|access-date=14 November 2019}}</ref> and also raising £100,000 company-wide for the charity. Cadent Gas Limited also sponsor ‘EmployAbility - Let’s Work Together’<ref>{{Cite web|url=http://employabilityletsworktogether.com/about-us/our-partners/|title=Our partners|website=EmployAbility - Let's work together|access-date=2019-11-14}}</ref> scheme which changes young disabled peoples’ lives for the better. It is founded on relationships with local schools, Dorothy Goodman in Leicestershire and Oakwood, Woodlands and Exhall Grange in Warwickshire. It is an employee-led supported internship scheme for young people aged 17 to 19. Since the scheme began in 2014 an average of 71% of interns gained paid employment either with them or with other local companies, compared to the national average of 6%. The company was recently awarded ‘Most Supportive Employer’ by the [[National Autistic Society]].<ref>[https://www.exhallgrange.co.uk/wp-content/uploads/2018/03/Autism-award-Cov-Mar-2018.pdf Autism Award - March 2018]</ref>


In 2017/18 Cadent Gas Limited replaced and improved {{convert|1625|km}} of mains pipe.<ref>{{Cite web|url=https://cadentgas.com/nggdwsdev/media/Downloads/about/riio/Regulatory-accounts-17-18.pdf|title=Cadent Gas Limited Regulatory Accounts 2017/18|access-date=2019-11-14}}</ref>
In 2017/18 Cadent Gas Limited replaced and improved {{convert|1625|km}} of mains pipe.<ref>{{Cite web|url=https://cadentgas.com/nggdwsdev/media/Downloads/about/riio/Regulatory-accounts-17-18.pdf|title=Cadent Gas Limited Regulatory Accounts 2017/18|access-date=2019-11-14}}</ref>
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*2016: Creation of National Grid Gas Distribution Ltd as part of National Grid
*2016: Creation of National Grid Gas Distribution Ltd as part of National Grid
*2017: Sale of a majority stake of National Grid Gas Distribution in March, with operations beginning under the Cadent brand from May<ref>{{cite web|url=http://utilityweek.co.uk/news/national-grid-gas-distribution-reveals-new-name/1301682#.WUmoUlGQyvY|title=Utility Week – National Grid Gas Distribution reveals new name|website=utilityweek.co.uk|access-date=23 June 2017}}</ref><ref>http://www.lincolnshirelive.co.uk/gas-distribution-company-serving-lincolnshire-sold-for-13-billion-to-become-independent/story-30307361-detail/story.html{{Dead link|date=October 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
*2017: Sale of a majority stake of National Grid Gas Distribution in March, with operations beginning under the Cadent brand from May<ref>{{cite web|url=http://utilityweek.co.uk/news/national-grid-gas-distribution-reveals-new-name/1301682#.WUmoUlGQyvY|title=Utility Week – National Grid Gas Distribution reveals new name|website=utilityweek.co.uk|access-date=23 June 2017}}</ref><ref>http://www.lincolnshirelive.co.uk/gas-distribution-company-serving-lincolnshire-sold-for-13-billion-to-become-independent/story-30307361-detail/story.html{{Dead link|date=October 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
*2019: Sale of National Grid's remaining stake in Cadent<ref>{{Cite web|url=https://www.spglobal.com/marketintelligence/en/news-insights/trending/Yv_HX7X1jjDzFMxIN2w4dA2|title=National Grid closes sale of remaining stake in Cadent Gas|website=www.spglobal.com|access-date=2022-12-08}}</ref>
*2022: A [[2022 Sheffield gas supply outage|major outage]] took place on the Cadent Gas network in [[Stannington, Sheffield|Stannington]], [[Sheffield]], affecting thousands of properties for more than a week amid below-freezing temperatures; [[Sheffield City Council]] declared a [[major incident]]. The outage was caused by a burst water main flooding the complex local gas main network.<ref>{{cite web |title=Stannington: Major incident declared as homes still without gas |url=https://www.bbc.co.uk/news/uk-england-south-yorkshire-63882524 |website=BBC News |publisher=BBC |access-date=10 December 2022 |date=8 December 2022}}</ref>


== References ==
== References ==
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[[Category:Energy companies of the United Kingdom]]
[[Category:Energy companies of the United Kingdom]]


{{UK-corp-stub}}

Latest revision as of 13:55, 13 September 2024

Cadent Gas Limited
Company typeLimited company
IndustryNatural gas
FoundedOctober 1, 2016; 8 years ago (2016-10-01) (as National Grid Gas Distribution Ltd.)
HeadquartersCoventry, England, United Kingdom
Area served
North West England, West Midlands, East Midlands, East of England and North London
Key people
Steve Fraser, Chief Executive Officer
ProductsGas distribution
OwnerA consortium including: Macquarie Infrastructure and Real Assets, CIC Capital, Allianz Capital Partners, Hermes Investment Management, Qatar Investment Authority, Dalmore Capital and Amber Infrastructure[1]
Number of employees
6000+
Websitewww.cadentgas.com

Cadent Gas is a British regional gas distribution company that owns, operates and maintains the largest natural gas distribution network in the United Kingdom, transporting gas to 11 million homes and businesses across North West England, West Midlands, East Midlands, East of England and North London.[2]

Structure and activities

[edit]

Cadent Gas Limited represents four of the eight gas distribution networks in the United Kingdom. Following production and importation, all gas in the UK passes through National Grid's national transmission system, before entering the distribution networks. The distribution network providers, one of which is Cadent Limited, are responsible for the safe and efficient transportation of the gas to the end consumer, on behalf of the chosen supplier.

The company does not produce or own the gas that passes through their pipeline networks but 50% of UK gas customers are served by their pipeline system.

The company also manages the national gas emergency service free phone line on behalf of the gas industry in the UK, taking calls and giving safety advice on behalf of the industry.[3] In 2017/18 1.952 million gas emergency calls were answered.[4]

The company invests in raising awareness of the dangers of carbon monoxide poisoning through community and school initiatives as well as improving services to protect and support customers in vulnerable situations.

In 2017, the company launched a two-year fundraising partnership with Alzheimer's Society and committed to creating 1,000 Dementia Friends[5] and also raising £100,000 company-wide for the charity. Cadent Gas Limited also sponsor ‘EmployAbility - Let’s Work Together’[6] scheme which changes young disabled peoples’ lives for the better. It is founded on relationships with local schools, Dorothy Goodman in Leicestershire and Oakwood, Woodlands and Exhall Grange in Warwickshire. It is an employee-led supported internship scheme for young people aged 17 to 19. Since the scheme began in 2014 an average of 71% of interns gained paid employment either with them or with other local companies, compared to the national average of 6%. The company was recently awarded ‘Most Supportive Employer’ by the National Autistic Society.[7]

In 2017/18 Cadent Gas Limited replaced and improved 1,625 kilometres (1,010 mi) of mains pipe.[8]

In 2018, Cadent Gas Limited were awarded for being the top UK company for apprentices to work and amongst the top 20 companies for graduates.[9]

History

[edit]
  • 1986: Transfer of assets of British Gas Corporation to British Gas plc (integrated gas company for UK), with trading of shares in British Gas plc commencing in December
  • 1997: Demerger of Centrica from British Gas
  • 2000: Demerger of Lattice from British Gas
  • 2002: Merger of National Grid and Lattice Transco.
  • 2005: Sale of four gas distribution networks, and adoption of National Grid as the single name for principal businesses[10]
  • 2016: Creation of National Grid Gas Distribution Ltd as part of National Grid
  • 2017: Sale of a majority stake of National Grid Gas Distribution in March, with operations beginning under the Cadent brand from May[11][12]
  • 2019: Sale of National Grid's remaining stake in Cadent[13]
  • 2022: A major outage took place on the Cadent Gas network in Stannington, Sheffield, affecting thousands of properties for more than a week amid below-freezing temperatures; Sheffield City Council declared a major incident. The outage was caused by a burst water main flooding the complex local gas main network.[14]

References

[edit]
  1. ^ "Group Structure".
  2. ^ "Our history". Cadent Gas.
  3. ^ "50+ years working in the industry - and still shocked at times by level of gas safety awareness". Retrieved 14 November 2019.
  4. ^ "Strategic Performance Overview RIIO-GD1 Annual Monitoring 2017/18" (PDF). Retrieved 14 November 2019.
  5. ^ "Cadent's £100,000 fundraising pipeline for Alzheimer's Society". Retrieved 14 November 2019.
  6. ^ "Our partners". EmployAbility - Let's work together. Retrieved 14 November 2019.
  7. ^ Autism Award - March 2018
  8. ^ "Cadent Gas Limited Regulatory Accounts 2017/18" (PDF). Retrieved 14 November 2019.
  9. ^ "Top 50 Apprentice Employers". TheJobCrowd. Retrieved 23 August 2018.
  10. ^ "EX-15.1". www.sec.gov. Retrieved 14 November 2019.
  11. ^ "Utility Week – National Grid Gas Distribution reveals new name". utilityweek.co.uk. Retrieved 23 June 2017.
  12. ^ http://www.lincolnshirelive.co.uk/gas-distribution-company-serving-lincolnshire-sold-for-13-billion-to-become-independent/story-30307361-detail/story.html[permanent dead link‍]
  13. ^ "National Grid closes sale of remaining stake in Cadent Gas". www.spglobal.com. Retrieved 8 December 2022.
  14. ^ "Stannington: Major incident declared as homes still without gas". BBC News. BBC. 8 December 2022. Retrieved 10 December 2022.
[edit]

Media related to Cadent Gas at Wikimedia Commons

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