National Power comms prepares for demerger

National Power, the UK’s top energy firm, has established shadow communications teams ahead of its demerger into two separate companies.

National Power, the UK’s top energy firm, has established shadow

communications teams ahead of its demerger into two separate

companies.



The utility plans to split into nPower, controlling UK retail markets

and its 15 UK power stations, and International Power, which will run

foreign power stations. Management teams for the two entities were

announced last week, ahead of a split expected to take effect in the

next financial year.



Company secretary Andrew Swanson, to whom the firm’s communications head

Andy Roe reports, is working with the personnel department to divide the

eight-strong in-house and four-strong investor relations teams. Although

junior staff are thought to have been allocated roles, it is understood

the two team heads have not yet been appointed.



A spokesman for the company said it was too early to predict the

communications outcome of the demerger, but confirmed shadow teams had

been formed to assume responsibility when it becomes official.



Discussions on NP’s PR agencies are at an earlier stage. Bell Pottinger

Consultants, Bell Pottinger Public Affairs and Smithfield Financial are

all still advising the board on the communications, regulatory and

financial implications of demerging a company with a market

capitalisation of over pounds 6 billion.



Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Would you like to post a comment?

Please Sign in or register.