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    12 Jul 10:23

    About our National Grid news

    Latest news on National Grid plc, Britain's multinational energy utility company, tracking power infrastructure, gas networks, and electricity distribution.

    National Grid plc, a cornerstone of British energy infrastructure, operates as one of the world's largest investor-owned utility companies. With a primary listing on the London Stock Exchange as a FTSE 100 component and a secondary listing on the New York Stock Exchange, the company plays a vital role in managing electricity and natural gas transmission networks in the United Kingdom and northeastern United States.

    Recent developments include significant changes in the company's structure and operations. In 2024, National Grid agreed to sell its final 20% stake in National Gas to a Macquarie-led consortium, completing its exit from the UK gas transmission sector. Additionally, the UK government established the National Energy System Operator (NESO) as an independent public corporation, taking over the transmission system operator functions from National Grid in October 2024 following a £630 million buyout agreement.

    The company continues to expand its presence in electricity distribution, having acquired Western Power Distribution and rebranded it as National Grid Electricity Distribution. This strategic move strengthens its position in the Midlands, South West, and Wales regions. In the United States, National Grid serves over 20 million customers across Massachusetts and New York, investing heavily in cleaner technologies and infrastructure modernization.

    Founded in 1990 from the breakup of the Central Electricity Generating Board, National Grid has evolved through numerous mergers and acquisitions to become a key player in energy transmission and distribution. The company's transition reflects the changing landscape of energy infrastructure, with an increasing focus on sustainable practices and the integration of renewable energy sources.

    Our NewsNow feed provides comprehensive coverage of National Grid's operations, strategic decisions, and market performance. Whether you're interested in infrastructure developments, regulatory changes, or investment opportunities in the energy sector, this feed keeps you informed about one of the most significant utility companies shaping the future of energy distribution in the UK and US.


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