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National Grid PLC (LSE:NG.) told investors it has completed the sale of its US-based renewables business, National Grid Renewables, to Brookfield Asset Management.
RBC Capital Markets has downgraded National Grid PLC (LSE:NG.) to 'sector perform' from 'outperform', lowering its price target to 1,050p from 1,120p.
NEW YORK & LONDON--(BUSINESS WIRE)--Kraken signs deal with a major U.S. utility, licensing its platform to National Grid to modernize customer operations and energy services.
National Grid plc (NYSE:NGG ) Q4 2025 Earnings Conference Call May 15, 2025 4:15 AM ET Company Participants Angela Broad - Director of Investor Relations John Pettigrew - Chief Executive Officer Andy Agg - Chief Financial Officer Conference Call Participants Dominic Nash - Barclays Bank Sarah Lester - Morgan Stanley Pavan Mahbubani - JPMorgan Chase & Co Mark Freshney - UBS Ahmed Farman - Jefferies Deepa Venkateswaran - Sanford C. Bernstein & Co. Marcin Wojtal - BofA Securities Angela Broad Good morning, and welcome to National Grid's Full-Year Results Presentation.
National Grid PLC's (LSE:NG.) dividend will come in 20% below where it was a year ago, but up 3% on an underlying basis, as the network operator completed the first year of its current five-year financial framework.
National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates.
National Grid PLC (LSE:NG.) has appointed Zoë Yujnovich, former Shell PLC (LSE:SHEL, NYSE:SHEL) gas and upstream director, as its new chief executive as John Pettigrew retires after almost 10 years in the role.
After a strong run, UBS thinks National Grid PLC (LSE:NG.) has run out of steam.
National Grid PLC (LSE:NG.) has proposed a higher return on equity to reflect increased capital investment for its Upstate New York electric and natural gas distribution business Niagara Mohawk Power Corporation (NIMO).
Britain's National Grid said on Monday it had filed a three-year rate plan proposal with the New York Public Service Commission for its upstate New York electric and natural gas distribution business.