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On 26 September 2024, National Grid plc completed the sale of its final 20% equity interest in National Gas. This interest was sold to a consortium of long-term infrastructure investors led by Macquarie Asset Management.
| Date | 26 Sept 2024 |
| Time | 07:00:06 |
| Category | Disposals |
| ID | 6965F |
26 September 2024
National Grid plc
Completion of sale of final 20% of National Gas
National Grid plc ("National Grid") is pleased to announce that it has today completed the sale of its final 20% equity interest in National Gas to a consortium of long-term infrastructure investors led by Macquarie Asset Management.
Enquiries and contacts
Investors and Analysts:
Angela Broad +44 (0) 7825 351 918
Tom Edwards +44 (0) 7976 962 791
Media:
Dan Roberts, Brunswick +44 (0) 207 404 5959
Notes to Editors
About National Grid
National Grid lies at the heart of a transforming energy system, spanning the UK and the US. Our businesses supply gas and electricity, safely, reliably and efficiently to millions of customers and communities. But we also drive change through engineering innovation and by incubating new ideas with the power to revolutionise our industry.
National Grid is pioneering ways to decarbonise the energy system including delivering The Great Grid Upgrade - the largest overhaul of the UK grid in generations - and building the Upstate Upgrade, the largest investment in New York's electricity transmission network for over a century.
As one of the largest investor-owned energy companies in the world, National Grid is at the centre of a clean, fair and affordable energy future, and is one of the FTSE's largest investors in the energy transition.