 | |
| Company type | Private (subsidiary of ESB Group) |
|---|---|
| Industry | Energy |
| Founded | 1991 |
| Headquarters | Northern Ireland |
| Revenue |  £302.5 million (2022) |
 £117.1 million (2022) | |
| £57.3 million (2022) | |
Number of employees | 1367 (Dec 2022) |
| Parent | ESB Group |
| Website | www |
| Footnotes / references [1] | |
Northern Ireland Electricity Networks Limited (NIE Networks) is the electricity asset owner of the transmission and distribution infrastructure in Northern Ireland, established in 1993 when the business was privatised. NIE Networks does not generate or supply electricity. Since 2010 it has been a subsidiary of ESB Group.
NIE Networks has three transmission interconnectors with the transmission grid in the Republic of Ireland. The main interconnector was built in 1970 between Tandragee and Louth but The Troubles saw the interconnector destroyed in 1975 and left in that state for twenty years until repair.[2]
NIE Networks should not be confused with Power NI, its own former supply business, which was not part of the sale to the ESB and remains owned by Energia. NIE Energy changed its name to Power NI on 25 July 2011, as ESB retained the NIE name in Northern Ireland.[3]
- ^ "Northern Ireland Electricity Networks Ltd Annual Report and Accounts for the year ended 31 December 2022". Companies House. 19 April 2023. Retrieved 3 November 2023.
- ^ Morton, Robin (10 April 2002). "£12m power network". Belfast Telegraph.
- ^ "We will soon be changing our name to Power NI". NIE Energy. Archived from the original on 24 June 2011.