Lattice Group plc was a leading
British gas transmission business. It was listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...
and was a constituent of the
FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest mar ...
.
History
The Company was established in 2000 when
BG Group
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory an ...
demerged its
UK gas transmission business, formerly known as ''Transco'', and named it ''Lattice Group''.
[Grid and Lattice form utility supergroup]
The Telegraph, 22 April 2002
In October 2002 Lattice Group merged with
National Grid plc
National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks ...
to form ''National Grid Transco''.
[
In July 2005 National Grid Transco was renamed National Grid plc to provide 'a unifying identity across its operations'.]
Operations
As well as the UK gas transmission network, Lattice Group owned a telecoms
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that f ...
business known as ''186k''.[
]
References
British companies established in 2000
Energy companies established in 2000
Companies formerly listed on the London Stock Exchange
Defunct companies based in London
Oil and gas companies of the United Kingdom
National Grid (Great Britain)
2002 mergers and acquisitions
{{UK-company-stub