abstract:Northern Powergrid Holdings Company (formerly CE Electric UK Funding Company) is an electrical distribution company based in Newcastle Upon Tyne in England. It is the owner of Northern Powergrid (Northeast) Limited (formerly Northern Electric Distribution Limited (NEDL)) and Northern Powergrid (Yorkshire) plc (formerly Yorkshire Electricity Distribution plc (YEDL)) which are the Distribution Network Operators for the North East England and Yorkshire regions.
Northern Powergrid's chief executive Phil Jones said the investment was to "prepare the UK's electricity networks for the move to smarter power grids needed for a long-term low carbon future".