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NGG Stock - National Grid ADR


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National Grid plc is a leading utility company engaged in the transmission and distribution of electricity and gas. Operating across various segments, including UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York, the company plays a crucial role in energy infrastructure across both sides of the Atlantic. The UK Electricity Transmission segment focuses on providing electricity transmission services and construction work in England and Wales, ensuring reliable power delivery to homes and businesses.

In the UK Electricity Distribution segment, National Grid plc offers electricity distribution services across the Midlands, South West of England, and South Wales, contributing to efficient energy distribution within local communities. The UK Electricity System Operator segment plays a vital role in balancing the supply and demand of electricity on Great Britain's transmission system, acting as an agent on behalf of transmission operators to maintain grid stability.

Internationally, National Grid plc operates through its New England and New York segments, delivering electricity and gas distribution services as well as electricity transmission services in these regions of the United States. Beyond utility operations, the company engages in additional activities such as providing transmission services via electricity interconnectors, managing LNG importation at the Isle of Grain, developing and selling renewables projects, and participating in commercial property leasing and sales, alongside insurance activities in the UK. Founded in 1990 and headquartered in London, United Kingdom, National Grid plc continues to expand its footprint and uphold its commitment to delivering sustainable energy solutions and reliable service to customers worldwide.

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Stock Sector: Utilities: Gas Utilities

 

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