National Grid plc (NGGTF) Research

National Grid plc primarily operates as a utility company, focusing on the transmission and distribution of both electricity and natural gas. Its operational structure is divided into several key divisions. Within the United Kingdom, the company's segments include: UK Electricity Transmission: Responsible for transmitting electricity and undertaking related construction projects throughout England and Wales. UK Electricity Distribution: Manages electricity distribution services across the Midlands, the South West of England, and South Wales. UK Electricity System Operator: Crucially maintains the balance between electricity supply and demand on Great Britain's transmission network, while also acting as an agent for other transmission operators. In North America, National Grid has distinct segments: New England: Provides electricity and natural gas distribution, as well as electricity transmission services, across the New England region. New York: Delivers similar electricity and natural gas distribution, along with electricity transmission, throughout New York. Beyond these core utility activities, the company also handles electricity transmission via international interconnectors and manages an LNG import terminal at the Isle of Grain. Its broader business interests extend to the sale of renewable energy ventures, engaging in commercial property leasing and sales, and undertaking insurance-related activities within the UK. The company was founded in 1990 and is headquartered in London, United Kingdom.

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