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National Grid PLC - NGG STOCK NEWS

Welcome to our dedicated page for National Grid PLC news (Ticker: NGG), a resource for investors and traders seeking the latest updates and insights on National Grid PLC stock.

National Grid plc (NYSE: NGG) is a British multinational electricity and gas utility company headquartered in London, England. The company focuses on the transmission and distribution of electricity and natural gas in the United Kingdom and the Northeastern United States, serving millions of customers in regions like New York, Massachusetts, and Rhode Island.

In the UK, National Grid owns and operates the electric transmission system in England and Wales. The company also manages the Grain liquefied natural gas facility and various merchant transmission lines. In a strategic move to enhance its electricity distribution capabilities, National Grid sold the bulk of its UK gas transmission business in fiscal 2023, using the proceeds to acquire PPL's UK power distribution assets.

In the United States, National Grid serves over 20 million customers, providing electricity and gas in three states. The company's extensive projects include regulated transmission and electricity generation, metering services, and advanced infrastructure investments aimed at grid modernization.

National Grid is committed to sustainability and achieving net-zero emissions. The company is actively involved in numerous projects to enhance its network's resilience and reliability while integrating more renewable energy sources. Notable initiatives include the Future Grid Project, funded by a $50 million grant from the U.S. Department of Energy, aimed at optimizing distributed energy resources (DERs) through digital technology.

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National Grid launches Youth Spaces Competition for Long Island non-profits, offering $25,000 grant to winner and $5,000 grants to runners-up. Applications open until March 1, 2024, with community voting from March 25-29, 2024.
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National Grid submits Electric Sector Modernization Plan to support clean energy goals, proposing investments to upgrade and expand the grid, connect more solar and storage, and enable electrification of heating and transportation. The plan aims to meet Massachusetts' climate targets, increase economic activity, create jobs, reduce emissions, and enhance resiliency.
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National Grid's energy savings programs have helped Gore Mountain install energy-efficient snow-making equipment, saving over $170,000 annually. With a $1.2 million incentive, the resort now conserves 2.1 million kilowatt-hours per year, benefiting both the business and the environment.
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National Grid:Axis 360 Apartments (NGG) installs largest EV charging installation at a multi-unit apartment complex in Western New York
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National Grid (NGG) recognized as a 2023 Top Utility in Economic Development by Site Selection Magazine. The company's economic development programs have provided over $145 million in assistance to Upstate New York communities, creating or retaining more than 65,000 jobs and supporting almost $10.5 billion in investment. National Grid was a key member of the economic development team behind the attraction of Micron Technology's proposed $100 billion semiconductor facility in Upstate New York, expected to create 50,000 jobs over twenty years.
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National Grid (NGG) Completes Renovations at Former Niagara Falls Power Transfer Station
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National Grid (NGG) announces Alisha Collins as Director of Community Impact & Engagement in New England, leading 'Grid for Good' program. Collins will focus on workforce development, social justice, and environmental stewardship, bringing extensive experience in corporate giving and community engagement.
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Niagara Mohawk Power Corp (NYSE: NMP) has declared dividends for its preferred stock series, with rates ranging from .85% to .975%. The dividends are payable on December 29, 2023, to holders of record on December 18, 2023. The company, operating as National Grid, serves electricity to 1.6 million customers and natural gas to 565,000 customers in upstate New York. National Grid plc (LSE: NG; NYSE:NGG), the parent company, delivers electricity to 3.3 million customers and is the largest distributor of natural gas in the northeastern U.S.
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National Grid Files Comprehensive Performance and Investment Plan to Deliver Clean Energy Transition and Reinforce Local Energy Grid
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National Grid (NGG) Awarded $50 Million Grant from U.S. Department of Energy for Future Grid Project
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FAQ

What is the current stock price of National Grid PLC (NGG)?

The current stock price of National Grid PLC (NGG) is $66.5 as of October 4, 2024.

What is the market cap of National Grid PLC (NGG)?

The market cap of National Grid PLC (NGG) is approximately 65.0B.

National Grid PLC

NYSE:NGG

NGG Rankings

NGG Stock Data

65.00B
4.89B
0.01%
4.3%
0.12%
Utilities - Regulated Electric
Utilities
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United States of America
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