National Grid

National Grid

Shares surge for National Grid

NATIONAL Grid shares surged nearly 7 per cent after the utility said it is primed to offload its £1.5 billion Wireless communications and £290 million Basslink interconnector assets following a strategic review.

National Grid switched on to earnings surge

ENERGY network operator National Grid is set to report strong profit growth for the year to the end of March.

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Gas shortages warning as cold snap continues

FEARS that household gas bills are set to rise again emerged last night after the National Grid issued a warning to industry users to curb their demand on supply.

NG signs up to £4.2bn US deal

NATIONAL Grid has unveiled a £4.2 billion deal that will bolster its presence in the North American gas market.

National Grid's swoop on US

NATIONAL Grid, the UK utilities giant, yesterday became the third-biggest gas and electricity supplier in the US after completing a $11.8 billion (£6.8bn) takeover of fellow supplier KeySpan.

National Grid to buy US gas company

ELECTRICITY network operator National Grid has agreed to buy the Rhode Island gas distribution business from Southern Union Company for $498m cash plus the assumption of $77m of debt.

SSE shortlisted to win NGT asset auction

SCOTTISH & Southern Energy, the Perth-based utility, is on the final shortlist for two of the local gas pipeline networks being auctioned off by the UK’s network operator, National Grid Transco (NGT).

National Grid set to post surge in results

GAS and power network operator National Grid Transco has put investors on standby for an improvement in annual operating profits.

National Grid Transco bullish on profits

POWER giant National Grid Transco has said it will deliver a strong half-year performance driven by merger savings and cost cuts.

£1.8m payout for storm power cuts

ELECTRICITY companies have agreed to pay more than £1.8 million to customers left without power during last October’s storms, energy regulator Ofgem announced today.

Power cut could hit National Grid bonuses

NATIONAL Grid could come in for selling pressure on the stock market this week following disclosures that it could face fines of as much as £940 million as a result of last week’s power failure which stranded thousands on the London Underground.

National Grid firm is attacked over blackout

THE firm running the National Grid came under attack yesterday as an urgent inquiry got under way into London’s rush-hour blackout.

Britain at risk of blackouts this winter

BRITISH householders could face regular power blackouts unless the government bails out the ailing energy industry, one of the country’s biggest electricity generators warned last night.

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