Financial News

Preliminary results for the year ended 31 March 2008
Steve Holliday, Chief Executive, said: “National Grid has again delivered an excellent operational and financial performance. We have completed the acquisition of KeySpan and realised ...

Sale of Ravenswood generating station for $2.9 billion
National Grid plc (“National Grid”) is pleased to announce that it has signed an agreement to sell its 2,480 megawatt Ravenswood Generating Station in New York City to TransCanada ...

National Grid to appeal Competition Act decision on Metering
National Grid plc (“National Grid”) is extremely disappointed with the Gas and Electricity Markets Authority’s (GEMA) decision that National Grid has infringed the Competition Act in ...

National Grid plc Interim Management Statement for the period 1 October 2007 to 30 January 2008
15% recommended dividend increase for 2007/08 and 8% annual increases targeted through to 31 March 2012 £1,326m of value returned to shareholders through the share buy-back programme ...

UK Gas Distribution Regulatory Price Controls Acceptance
National Grid plc UK Gas Distribution Regulatory Price Controls: Final Proposals National Grid has today accepted in principle Ofgem’s final proposals for the Gas Distribution Price Control for ...

Interim results - Statement for the six months ended 30 September 2007
"National Grid continues to make significant progress. We are delivering on all fronts of our strategy and have produced an excellent financial performance in this period.

Sale of Basslink complete
National Grid is pleased to announce that it has completed the sale of its Basslink electricity interconnector in Australia.

Completion of the acquisition of KeySpan
National Grid is pleased to announce that it has completed the acquisition of KeySpan.

Acquisition of KeySpan
National Grid is pleased to announce that it will complete the acquisition of KeySpan today. The New York State Public Service Commission (NYPSC) unanimously voted to approve the transaction on 22 ...

Update on National Grid acquisition of KeySpan
National Grid announces that the New York State Public Service Commission (NYPSC) has today unanimously voted to approve the acquisition of KeySpan. This follows the settlement in principle ...

Agreed Sale of Basslink Electricity Interconnector for A$1.175bn (£485m)
National Grid plc (“National Grid”) is pleased to announce that it has signed an agreement to sell its Basslink electricity interconnector in Australia to CitySpring Infrastructure Management Pte Ltd ...

National Grid plc Interim Management Statement for the period 1 April 07 - 27 July 07
HIGHLIGHTS - Acquisition of KeySpan close to completion- £530m of value returned to shareholders through share buy-back programme- Overall outlook ahead of expectations STRATEGIC UPDATE During ...

Update on National Grid's acquisition of KeySpan
National Grid is pleased to announce that the New Hampshire Public Utilities Commission (NHPUC) has issued an order approving the acquisition of KeySpan. This order follows the settlement in ...

National Grid appoints new US Board Director
The Board of National Grid plc is pleased to announce the appointment of Tom King as an Executive Director with effect from 13 August 2007. Tom will be based in the US and will have responsibility ...

Update on National Grid's acquisition of KeySpan
National Grid announced on 6 July 2007 that it had reached an agreement in principle with the staff of the New York State Department of Public Service and several other parties regarding the ...

Update on National Grid's acquisition of KeySpan
National Grid is pleased to announce that it has reached an agreement in principlewith the staff of the New York State Department of Public Service and several otherparties regarding the acquisition ...

Preliminary results for the year ended 31 March 2007
Steve Holliday, Chief Executive, said: “This is another set of good results and we are delivering on all fronts of our strategy. “We achieved an excellent sale price for our wireless ...

Update on National Grid acquisition of KeySpan
National Grid is pleased to announce that it has reached agreement in principle with the staff of the New Hampshire Public Utilities Commission and the Office of Consumer Advocate in New Hampshire on ...

National Grid announce sale of UK Wireless business for £2.5bn, £1.8bn share buy back
The total consideration represents a multiple of 19.3 times EBITDA** for the year ended 31 March 2006. Following the announcement on 16 November 2006 regarding the proposed demerger of the UK ...