Annual Report - 17 June 2008
National Grid plc Annual Report and Accounts for the year ended 31 March 2008 , Performance Summary, Annual Review and Notice of 2008 Annual General Meeting are all now available.
Financial news
- Preliminary results for the year ended 31 March 2008
15 May 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 substantial additional value for shareholders with the successful sales of our Wireless businesses, Basslink, and the agreed sale of Ravenswood.
“Looking ahead, 2008/09 is about execution – building on our regulatory experience, disciplined delivery of our investment plans, continued ...
- Sale of Ravenswood generating station for $2.9 billion
31 March 2008
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 Corporation for a total cash consideration* of $2.9 billion, payable upon completion of the sale.
“We are delighted with the outcome of this process. Not only have we quickly delivered on our obligations to the New York Public Service Commission to sell Ravenswood but we have also delivered value for ...