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Logica has won a £30m contract to provide IT management services for Northern Electric. 29-Nov-2002 Northern Electric is to sell its chain of more than 30 shops in the North-East and Yorkshire to management, creating a new group called Northern Retail, but 90 of the 440 jobs will be lost. 17-Jun-2002 Northern Electric has sold its wind power business to London Electricity for £3.5m, including turbines in Northumberland and County Durham and the right to build a £60m offshore windfarm near Hartlepool. 11-Feb-2002 Northern Electric is to shed 94 jobs at its 33 electrical stores across the north-east and Yorkshire, following a decision to stop taking bill payments in the shops. 07-Feb-2002 Innogy is to swap its Yorkshire electricity distribution business for the supply operations of Northern Electric, which will expand its customer numbers from 5.5m to 7m. 07-Aug-2001 Northern Electric is said to have been put up for sale by US parent company Mid-American Energy Holdings. 09-Jul-2001 Northern Electric is planning to relocate its administration centre from the centre of Newcastle-upon-Tyne to the Cobalt Business Park in Wallsend. 12-Oct-2000 Northern Electric Generation has won approval to build a gas-fired combined heat and power station at Avonmouth, near Bristol. 19-Jun-2000 Northern Electric's US parent company MidAmerican Energy Holdings is being acquired by Berkshire Hathaway in a $9bn deal. 27-Oct-1999 Northern Electric has dropped plans for 500 compulsory redundancies and will instead seek voluntary redundancies with the promise of enhanced severance packages. 07-Oct-1999 Northern Electric is to cut up to 500 jobs in its distribution business, following demands by industry regulator Ofgem for the company to reduce customer bills. 02-Sep-1999 Northern Electric has started work on a long-term project to revamp its power lines between the Scottish border and South Yorkshire, in order to improve reliability. 28-Oct-1998 Ofgas has ordered Utilities Limited to stop selling gas on behalf of Northern Electric for the next two weeks following complaints of improper selling practices. 24-Feb-1998 Northern Electric has now recommended the £782m takeover bid by CalEnergy to shareholders. 31-Dec-1996 CalEnergy of the US has been given UK government approval to go-ahead with its £782m hostile takeover bid for Northern Electric. 14-Dec-1996 Northern Electric has been in discussions with a potential white-knight bidder in order to fend off the £759m hostile takeover bid by CalEnergy. 30-Nov-1996 Northern Electric has agreed a £1m deal with Transco, the British Gas pipeline business, in which it will read the gas meters of about 11,000 commercial and industrial customers. 27-Nov-1996 Rolls-Royce Power Ventures and Northern Electric are forming a 50:50 joint venture called Viking Power, which will operate small gas-fired power stations - the first will open next year at Seal Sands on Tyneside. 12-Nov-1996 Northern Electric is facing a £766m hostile takeover bid from CalEnergy of the US, having had almost 13% of its shares captured in a dawn raid. 29-Oct-1996 Northern Electric is planning 200 job cuts a year for the next four years. 13-Dec-1995
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