Wales & West Utilities

Formerly part of National Grid Transco, this Newport-based business is the owner, operator and developer of 35,000km of gas mains and service pipes in Wales and the southwest. It has more than 2.5m industrial, commercial and domestic customers and claims to gain about 20,000 new ones each year. Owned by a consortium led by the Macquarie European Infrastructure Fund, it achieved sales of £277.7m in 2008 under chief executive Graham Edwards.

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Company details
CompanyWales & West Utilities
ActivityGas distributor
Sales £m277.7
Operating profit £m25.6
Main shareholdersMacquarie (49.7%), Canada Pension Plan (19%), others

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda