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National Grid PLC (LSE:NG.) has released its ‘RIIO-T3 Business Plan', outlining infrastructure investments of up to £35 billion over a five-year period from April 2026.

Britain's National Grid said on Wednesday it would invest up to 35 billion pounds ($44.45 billion) over the five years to March 2031 as per its business plan for its transmission business.

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to National Grid Insurance USA Ltd (NGIUSA) (United States). The outlook assigned to these Credit Ratings (ratings) is stable. NGIUSA is a captive of National Grid plc (NG), a large utility group. The ratings reflect NGIUSA's balance s...

BROOKLYN, N.Y. and WALTHAM, Mass.

The UK energy regulator is mulling the launch of a £5-8 billion investment fund in 2025 to help speed the expansion of the UK electricity network.  Under the current proposal, cash would be provided to allow the UK's three energy transmission owners to buy the equipment such as cables, steel and technology "years in advance" of when they need to use it, according to the Ofgem proposal, even bef...

Ofgem has green-lit a £2 billion funding package to build out the ‘Eastern Green Link 1' (EGL1) subsea cable project. Spanning 196 kilometres, the high-voltage electricity cable will connect Torness in East Lothian, Scotland, to Hawthorn Pit in County Durham, England.

National Grid PLC (LSE:NG.) has received UK regulatory approval for its LionLink and Nautilus electricity interconnections (Offshore Hybrid Assets) to connect gird networks and offshore wind farms based in Dutch and Belgian territorial waters.

National Grid has streamlined its business, focusing on core UK and US electricity and gas networks, enhancing its defensive nature and growth potential. Asset sales and a £7 billion rights issue have reduced debt, lowered finance costs, and provided capital for future investments. The company is poised for low-risk, high-quality asset growth, with underlying earnings per share expected to grow...