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.
ENERGY network operator National Grid is set to report strong profit growth for the year to the end of March.
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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.
NATIONAL Grid has unveiled a £4.2 billion deal that will bolster its presence in the North American gas market.
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.
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.
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).
GAS and power network operator National Grid Transco has put investors on standby for an improvement in annual operating profits.
POWER giant National Grid Transco has said it will deliver a strong half-year performance driven by merger savings and cost 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.
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.
THE firm running the National Grid came under attack yesterday as an urgent inquiry got under way into London’s rush-hour blackout.
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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