Preliminary Results -15 May 2008
National Grid plc will be announcing its 2007/08 Preliminary Results on Thursday 15 May 2008. These results will be presented at 9.15am (UK Time) on 15 May 2008 in the Theatre of the London Stock Exchange, 10 Paternoster Square, London, EC4M 7LS.
Webcast of Preliminary Results
Financial news
- 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 ...
- National Grid to appeal Competition Act decision on Metering
25 February 2008
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 relation to a number of metering contracts entered into with gas suppliers in 2004.
These contracts were negotiated over a two year period, were voluntarily entered into by gas suppliers and delivered immediate and substantial reductions in charges for meter services, saving customers around ...