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Eaga plc was a British company supplying
energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat a ...
efficiency Efficiency is the often measurable ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result. In a more general sense, it is the ability to do things well, successfully, and without ...
products. It was headquartered in
Newcastle upon Tyne Newcastle upon Tyne ( RP: , ), or simply Newcastle, is a city and metropolitan borough in Tyne and Wear, England. The city is located on the River Tyne's northern bank and forms the largest part of the Tyneside built-up area. Newcastle is ...
. In April 2011 it was acquired by
Carillion Carillion plc was a British multinational construction and facilities management services company headquartered in Wolverhampton in the United Kingdom, prior to its liquidation in January 2018. Carillion was created in July 1999, following a ...
.


History

The business was founded in 1990 in
Newcastle upon Tyne Newcastle upon Tyne ( RP: , ), or simply Newcastle, is a city and metropolitan borough in Tyne and Wear, England. The city is located on the River Tyne's northern bank and forms the largest part of the Tyneside built-up area. Newcastle is ...
as the Energy Action Grants Agency ('EAGA') Partnership to administer the Home Energy Efficiency Scheme in the local area. In 2000 it was restructured to become an employee owned business. In 2005 it acquired Millfold and in 2006 it acquired Everwarm and established HEAT. It was first 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 Pau ...
in 2007 following a £450 million
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
. In 2008 the
BBC #REDIRECT BBC #REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
appointed Eaga its preferred supplier for the Digital Switchover Help Scheme. In 2010 Eaga moved a number of their Newcastle staff to
Partnership House Partnership House (historically The Tower) is a landmark tower office building in Gosforth, Newcastle upon Tyne, United Kingdom. It is located within the Regent Centre business park, and was originally built to act as the main entrance and landma ...
in
Gosforth Gosforth is a suburb of the city and metropolitan borough of Newcastle upon Tyne, England. It constituted a separate Urban district (Great Britain and Ireland), urban district from 1895 until 1974 before officially merging with the city of New ...
, a building built by the troubled
Northern Rock Northern Rock, formerly the Northern Rock Building Society, was a British bank. Based at Regent Centre in Newcastle upon Tyne, United Kingdom, Northern Rock was originally a building society. It demutualised and became Northern Rock bank in ...
bank, and purchased by
Newcastle City Council Newcastle City Council is the local government authority for the city and metropolitan borough of Newcastle upon Tyne. The council consists of 78 councillors, three for each of the 26 wards in the city. It is currently controlled by the Labou ...
. In December 2010 Eaga announced that it would be cutting 700 jobs across the country due to government cutbacks in the Warm Front grant. In April 2011 it was acquired by
Carillion Carillion plc was a British multinational construction and facilities management services company headquartered in Wolverhampton in the United Kingdom, prior to its liquidation in January 2018. Carillion was created in July 1999, following a ...
for £306 million. The Eaga name subsequently disappeared as the business took on the Carillion Energy Services brand.


Operations

The Company was organised into the following segments: * Carbon services * Heating & renewables * Managed services


References

{{reflist


External links


Official site
(now redirects to Carillion) Companies based in Newcastle upon Tyne Manufacturing companies established in 1990 1990 establishments in England Manufacturing companies disestablished in 2011 2011 disestablishments in England 2011 mergers and acquisitions