Profile: National Grid PLC (NGG)

NGG on New York Consolidated

71.26USD
22 May 2015
Change (% chg)

$0.11 (+0.15%)
Prev Close
$71.15
Open
$71.14
Day's High
$71.42
Day's Low
$71.05
Volume
335,538
Avg. Vol
480,405
52-wk High
$77.21
52-wk Low
$62.25

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National Grid Plc, incorporated on July 11, 2000, is an electricity and gas utility company. The UK Electricity Transmission includes high voltage electricity transmission networks in Great Britain. Its UK Gas Transmission provides the gas transmission network in Great Britain and UK liquefied natural gas (LNG) storage activities. The Company’s UK Gas Distribution includes four of the eight regional networks of Great Britain’s gas distribution system. US Regulated includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York and New England and electricity generation facilities in New York and Massachusetts. The Company’s activities primarily relate to non-regulated businesses and other commercial operations, including United Kingdom based gas and electricity metering activities; UK property management; a UK LNG import terminal; other LNG operations, and US unregulated transmission pipelines.

UK Electricity Transmission

The Company owns the electricity transmission system in England and Wales. The Company’s networks comprise approximately 7,200 kilometres (4,470 miles) of overhead line, 1,400 kilometres (870 miles) of underground cable and 335 substations. The Company is also the national electricity transmission system operator, responsible for both the England and Wales transmission system, and the two high voltage transmission networks in Scotland.

UK Gas Transmission

The Company owns and operates the gas national transmission system in Great Britain, with day-to-day responsibility for balancing demand. The Company’s network comprises approximately 7,660 kilometres (4,760 miles) of high pressure pipe and 23 compressor stations.

UK Gas Distribution

The Company owns and operates four of the eight regional gas distribution networks in Great Britain. The Company’s networks comprise approximately 131,000 kilometres (81,000 miles) of gas distribution pipeline and it transport gas from the gas national transmission system to around 10.9 million consumers on behalf of 32 gas shippers.

US Regulated business

The Company owns and operates electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Through these networks it serves approximately 3.4 million electricity consumers in New England and upstate New York. The Company owns and operates an electricity transmission system of approximately 14,328 kilometres (8,903 miles) spanning upstate New York, Massachusetts, Rhode Island, New Hampshire and Vermont, operating 169 kilometres (105 miles) of underground cable and 521 substations, with a further 12 planned.

Company Address

National Grid PLC

1-3 Strand
LONDON     WC2N 5EH
P: +4420.70043220
F: +4420.70043004

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