National Grid

National Grid Plc engages in the transmission and distribution of electricity and gas. It operates through the following segments: UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York. The UK Electricity Transmission segment focuses on the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes networks of WPD in the East Midlands, West Midlands and South West of England and South Wales. The UK Electricity System Operator segment deals with the Great Britain system operation. The New England segment is involved in gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New England. The New York segment is composed of gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New York. The company was founded in 1989 and is headquartered in London, the United Kingdom.

National Grid Plc engages in the transmission and distribution of electricity and gas. It operates through the following segments: UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York. The UK Electricity Transmission segment focuses on the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes networks of WPD in the East Midlands, West Midlands and South West of England and South Wales. The UK Electricity System Operator segment deals with the Great Britain system operation. The New England segment is involved in gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New England. The New York segment is composed of gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New York. The company was founded in 1990 and is headquartered in London, the United Kingdom.

National Grid PLC (LSE:NG.) has been upgraded by brokers as they continue to see positive upsides from the upcoming election, the improved balance sheet and “attractive valuation”.

National Grid upgraded on improved finances and political outlook

National Grid PLC (LSE:NG.) launched one of the largest rights issues in recent times last week, to generate £7 billion in fresh cash from existing shareholders.

National Grid rights issue: What are your options?

National Grid has been punished too harshly for its £7 billion deep discount rights issue, according to analysts at Swiss bank UBS. The share issue hasn't permanently changed the business, says the bank, rather reset the balance sheet back to 2010, when it was “sufficient to fund the business for fourteen years”.

National Grid slide after rights issue too harsh, suggests UBS

National Grid plc (NYSE:NGG ) Q4 2024 Earnings Conference Call May 23, 2024 4:15 AM ET Company Participants Nicholas Ashworth - Director, IR John Pettigrew - CEO Andy Agg - CFO Conference Call Participants Dominic Nash - Barclays Pavan Mahbubani - JPMorgan Deepa Venkateswaran - Bernstein Harry Wyburd - BNP Paribas Exane Ahmed Farman - Jefferies Alexander Wheeler - RBC Capital Markets Rob Pulleyn - Morgan Stanley Mark Freshney - UBS Charles Swabey - HSBC Marcin Wojtal - Bank of America Ajay Patel - Goldman Sachs John Pettigrew Well. Thank you, Nick and good morning, everyone.

National Grid plc (NGG) Q4 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Runwise was celebrated for outstanding achievements in energy efficiency by National Grid. National Grid awarded certain ProNet partners with GridEE awards. ProNet (New York Energy Professionals Network) is National Grid's program that identifies trusted businesses to partner with for energy conservation. Runwise, the smart control technology company from New York City, received the award for being a Top ProNet Partner for 2023 Downstate Gas Energy Efficiency. Runwise.

National Grid Recognizes Runwise - Top ProNet Partner in 2023 For Energy Conservation

Electricity and gas provider National Grid PLC (LSE:NG.) plummeted over 10% this morning after energy regulator Ofgem announced a £122 cut to the energy price cap.

National Grid plummets after Ofgem announces price cap cut

British energy infrastructure operator National Grid said on Thursday it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe's largest such facility, in a bid to streamline operations.

UK's National Grid seeks buyer for Europe's biggest LNG terminal

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Utilities companies were the biggest fallers on the London market on Thursday, following the election announcement last night and after a heavily discounted fundraising announced by National Grid PLC (LSE:NG.). After announcing a rights issue at a near-40% discount alongside its results, National Grid shares were the biggest faller, down almost 10%, wiping out all its gains in the year to date.

Power and water utility companies slump after election call, National Grid rights issue

Projects Across Northeast Will Harden Grid, Reduce Emissions and  Deliver Benefits for Customers & Local Economies BROOKLYN, N.Y. and WALTHAM, Mass.

National Grid Commits to Investing $35 Billion in New York & Massachusetts to Meet Decarbonization Goals and Build a Stronger, Cleaner Grid

National Grid PLC (LSE:NG.) fell almost 9% after unveiling plans to raise £7 billion to fund infrastructure investment in full-year results.

National Grid slumps after announcing £7bn fundraise

National Grid announces deep discount rights issues and asset sales to pay for network upgrade     National Grid has the market's appetite post the election call with a £7 billion equity raise as part of a five-year £60 billion infrastructure investment programme and debt restructuring. The issue is being priced at 645p, a near 40% discount to last night's close suggesting it must have been a struggle to persuade investors to stump up the cash, even though it is fully underwritten.

National Grid launches deep discount share issue to pay for network upgrade

Britain's National Grid plans to raise about 7 billion pounds ($8.9 billion) through a fully underwritten rights issue of 1.09 billion new shares as it gears up to invest 60 billion pounds in energy network infrastructure, it said on Thursday.

UK's National Grid plans $9 bln rights issue for investment drive

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National Grid is looking a better bet currently than fellow power peer SSE, according to analysts at UBS. Results from both are due the week after next with National Grid due Thursday 23 May and SSE the day before.

National Grid shades SSE as results loom, says UBS

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The program reflects the company's commitment to workforce development and employment pathways for underrepresented talent WALTHAM, Mass. and BROOKLYN, N.Y.

National Grid Opens Applications for DEI Engineering Scholarship and Internship Program

National Grid PLC (LSE:NG.) gained over 2% on Thursday morning after hiking underlying earnings per share guidance.

National Grid climbs after profit upgrade

National Grid (NGG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -5.6% in 4 Weeks, Here's Why National Grid (NGG) Looks Ripe for a Turnaround

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National Grid (NGG) makes a strong case for investment, given its earnings growth prospects, debt management and ability to increase shareholders' value.

Reasons to Add National Grid (NGG) to Your Portfolio Right Now

National Grid (NGG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes National Grid (NGG) a New Buy Stock

National Grid (NGG) to work on the Upstate Upgrade Program across New York to modernize the transmission system to meet the expanded electricity needs of the growing economy.

National Grid (NGG) to Invest $4B in Delivery System Upgrade

The U.S. unit of Britain's National Grid said on Wednesday it would invest more than $4 billion to improve New York's infrastructure to meet growing demand for more reliable and cleaner energy.

News for National Grid Stock (NGG)