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Our vision is for National Grid to be at the heart of a clean, fair and affordable energy future. That’s why we've announced three strategic transactions to transform National Grid’s positioning and give us an even greater role to play in the journey to net zero.
We've announced three transactions that, taken together, are going to be transformational for our business. Our £7.8bn acquisition of Western Power Distribution, the UK’s largest electricity distribution network operator, selling our Rhode Island gas and electricity business for an Equity Value of $3.8bn (£2.7bn) and initiating a sale process for a majority stake in our UK Gas transmission and metering business, will enhance our role in the energy transition and drive long term shareholder value.
|Sale completion - NGGT and Metering majority interest - RNS announcement|
|Satisfaction of conditions - NGGT and Metering stake sale - RNS announcement|
|Sale completion - Narragansett Electric Company - RNS announcement|
|Sale of majority interest in NGGT and Metering - RNS announcement|
|Completion of acquisition of WPD - RNS announcement|
|Proposed acquisition of WPD and Portfolio Repositioning - RNS announcement|
|Investor presentation slides|