As Midlands Electricity plc it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.

The counterpart of the East Midlands board, it served southern, and western parts of Warwickshire, as well as the counties of Worcestershire, Herefordshire, Shropshire, and Staffordshire, as well as most of Gloucestershire, the West Midlands conurbation and northern Oxfordshire.

[1] As with the EMEB, it kept a network of showrooms across its area, to allow customers to pay bills, and order many types of electrical goods.

The new business was split up, and sold several times: the supply business to Npower in 1999, the distribution business to GPU Power UK, who continued to use the ‘a Midlands Electricity company’ tagline for a couple of years, and then sold to Aquila, under whose short ownership it was renamed Aquila Networks,[4] before being purchased by Powergen in 2004, becoming Central Networks, part of E.ON.

The company was then sold in 2011 to American utilities company PPL who owns the UK distribution company Western Power Distribution, who were already operating in the license area of the previous company SWEB (South West) and Infralec (Wales), and rebranded the Midlands areas WPD West Midlands PLC and WPD East Midlands PLC (previously EMEB).