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London Electricity

London Electricity has won government approval for a £70m project to fit a flue gas desulphurisation plant at its Cottam coal-fired power station in Nottinghamshire.

London Electricity has announced plans to set up a new £13m customer service centre for its SWEB business in Exeter, which would involve the relocation of 600 jobs and the creation of up to 1,000 new jobs.

London Electricity has set up a new subsidiary called 51 degrees to offer broadband capacity in central London to other telecoms companies.

London Electricity is planning to create 600 new jobs at its call centre in Sunderland over the next two years, using space freed up by the relocation of the One-2-One call centre to the nearby Doxford Technology Park.

London Electricity is to transfer sales and customer services teams to SWEB offices in Devon, and a further 100 jobs will be created in Exeter and Plymouth.

Electricite de France is set to acquire London Electricity, as its £1.9bn offer has been accepted by Entergy of the US.

London Electricity has agreed to a £1.3bn takeover bid by Entergy of the US, a deal intended to help Entergy develop into a global energy group.