SWALEC (South Wales Electricity) was an electricity supply and distribution company which was bought out in 1996 for £872m following the de-regulation of the electricity supply industry in the UK. Before privatisation in 1990, it was the South Wales Electricity Board (SWALEB), formed originally from the nationalisation and merger of local authori...
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http://en.wikipedia.org/wiki/SWALEC
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Found on
http://en.wikipedia.org/wiki/Swalec
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