About: WEL Networks

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An Entity of Type : yago:WikicatPowerCompaniesOfNewZealand, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
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WEL Networks Limited is an electricity distribution company, serving the northern and central Waikato region of New Zealand. WEL is the fifth largest electricity distribution companies in New Zealand, with over 80,000 connections and 5,226 km of lines.

Attributes	Values
rdf:type	Thing company schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization Business enterprise yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:PowerCompany108186393 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity organisation yago:Service108186047 yago:SocialGroup107950920 yago:Utility108185758 yago:WikicatPowerCompaniesOfNewZealand
rdfs:label	WEL Networks (en)
rdfs:comment	WEL Networks Limited is an electricity distribution company, serving the northern and central Waikato region of New Zealand. WEL is the fifth largest electricity distribution companies in New Zealand, with over 80,000 connections and 5,226 km of lines. (en)
foaf:name	WEL Networks (en)
name	WEL Networks (en)
foaf:depiction
dcterms:subject	Telecommunications companies of New Zealand New Zealand companies established in 1989 Electric power distribution network operators in New Zealand Energy companies established in 1989 Waikato
Wikipage page ID	32806245 (xsd:integer)
Wikipage revision ID	1084783766 (xsd:integer)
Link from a Wikipage to another Wikipage	Huntly, New Zealand Huntly Power Station Vector Limited Electricity distribution Aquila, Inc. Telecommunications companies of New Zealand New Zealand companies established in 1989 Horotiu, Waikato Transpower New Zealand Waikato Waikato District Electric power distribution network operators in New Zealand Energy companies established in 1989 Waikato Hamilton, New Zealand Te Kauwhata Te Kowhai Te Uku Wind Farm Meremere Ngāruawāhia Raglan List of Statutes of New Zealand (1984–90)
Link from a Wikipage to an external page	http://www.wel.co.nz
sameAs	WEL Networks WEL Networks WEL Networks WEL Networks WEL Networks
dbp:wikiPageUsesTemplate	dbt:Authority_control dbt:Infobox_company dbt:Reflist dbt:Short_description dbt:URL dbt:Use_dmy_dates dbt:Electricity_companies_in_New_Zealand
thumbnail	wiki-commons:Special:FilePath/WELNetworks-logo.svg?width=300
industry	Electricity distribution
key people	Garth Dibley, CEO (en)
location city	Hamilton, New Zealand
logo	WELNetworks-logo.svg (en)
owner	WEL Energy Trust (en)
has abstract	WEL Networks Limited is an electricity distribution company, serving the northern and central Waikato region of New Zealand. WEL is the fifth largest electricity distribution companies in New Zealand, with over 80,000 connections and 5,226 km of lines. WEL was formed when Legislation in 1988 amalgamated the Central Waikato Electric Power Board with Hamilton City Council's Electricity Division from 1989 to form Waikato Electricity Limited. After amalgamation, ownership of WEL was vested in the Waikato Electricity Authority (WEA). WEA formed WEL Energy Trust in 1993, with the first election in June, so that the community could have some ownership of WEL. In 1992 a third of WEL was sold to Utilicorp for almost $40m, a third retained for the Trust and a third given to customers. The Electricity Industry Reform Act 1998 forced WEL to sell its retail business. It sold to the State owned (but later bought as NGC by Vector Limited) Natural Gas Corporation for $89.9m. The Trust then bought back all WEL's shares to become its sole owner. In 2001 WEL was renamed WEL Networks Ltd. After the Trust's 2003 elections it reduced grants given to community groups and started paying discounts to customers. By 2014 the Trust had paid over $240 million to customers in discounts, but had also invested over $60 million in community and energy efficiency grants. In 2014–15, over $2m was paid in grants. WEL Networks formed a joint venture in 2010 with Waipa Networks and Crown Fibre Holdings to establish Ultra-fast Fibre Limited, a company that owns and operates the fibre network in Hamilton, New Plymouth, Tauranga, and Whanganui. In 2016, WEL and Waipa Networks paid $189 million to take 100% control of the Ultra-Fast Fibre company. In 2020, WEL and Waipa Networks sold their interest in Ultra-fast Fibre to Japanese-owned First State Investments for $854 million. (en)
gold:hypernym	Company
schema:sameAs	WEL Networks
prov:wasDerivedFrom	wikipedia-en:WEL_Networks?oldid=1084783766&ns=0
page length (characters) of wiki page	7130 (xsd:nonNegativeInteger)
industry	Electricity distribution
foaf:isPrimaryTopicOf	wikipedia-en:WEL_Networks
is Link from a Wikipage to another Wikipage of	Electricity distribution companies by country Electricity sector in New Zealand Solar power in New Zealand Dave Currie List of power stations in New Zealand List of libraries in New Zealand Matangi, New Zealand Electric Kiwi Waikato Stadium Wind power in New Zealand Lloyd Mandeno Hamilton, New Zealand Te Uku Wind Farm WEL New Zealand electricity market Ultra-Fast Broadband
is Wikipage disambiguates of	WEL

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