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National Grid Plc - NGG STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect National Grid Plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of National Grid Plc's position in the market.

Rhea-AI Summary
National Grid partners with Plan International USA for 'Girls Takeover' initiative, demonstrating support for gender equality in the energy industry. Company aims for 50% female representation in new talent recruitment and senior leadership by 2025.
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1.04%
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Rhea-AI Summary
A study by National Grid and Hitachi Energy emphasizes the need for proactive planning and strategic investment to ensure the grid is ready for electrification of medium and heavy-duty vehicles (MHDVs). When 10% of MHDVs electrify, peak electric demand on the case study feeder will nearly double. The study provides three infrastructure strategies to meet the identified needs. Utilities should consider each location's near and long-term needs and existing capacity on the grid. National Grid has submitted a Future Grid plan in Massachusetts to upgrade the grid and enable the ability to charge 1.1 million EVs by 2030.
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-0.27%
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Rhea-AI Summary
National Grid's Project C initiative expands annual day of service to a week of service with 2,000 employee volunteers engaging in 200 events across New York. The program supports people and communities by revitalizing neighborhoods, investing in beautification programs, supporting climate justice and social equity, and assisting small businesses and local families.
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0.41%
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Rhea-AI Summary
National Grid submits Electric Sector Modernization Plan (ESMP) to Grid Modernization Advisory Council (GMAC) outlining investments in electric distribution system to meet climate change and clean energy goals. Plan focuses on empowering customers, creating a resilient grid, leveraging innovation, and enabling an equitable energy future. Proposed investments include $2 billion over 5 years in network infrastructure, technology and platforms, and customer programs. Plan projected to generate $1.4 billion in economic activity and create 11,000 jobs by 2030. Public process for feedback and review underway.
Rhea-AI Impact
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End-of-Day
-1.84%
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Rhea-AI Summary
National Grid has submitted its Electric Sector Modernization Plan (ESMP), the Future Grid Plan, outlining the critical investments needed in the local electric distribution system over the next five years. The plan aims to meet the Commonwealth's climate change, clean energy, and equity goals. The company proposes to invest approximately $2 billion in three key areas: network infrastructure, technology and platforms, and customer programs. The investments are projected to have an average annual bill impact of approximately 2% and result in benefits such as generating incremental economic activity of $1.4 billion and 11,000 jobs by 2030.
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Niagara Mohawk Power Corp., a subsidiary of National Grid USA, has declared dividends for its preferred stock for the period July 1, 2023, through September 30, 2023. The rates for the outstanding series of preferred stock are as follows: 0.85% on the $100 par value, 3.40% Series; 0.90% on the $100 par value, 3.60% Series; and 0.975% on the $100 par value, 3.90% Series. The dividends will be payable on October 2, 2023, to holders of record on September 18, 2023.
Rhea-AI Impact
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-0.24%
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Rhea-AI Summary
National Grid appoints Lisa Wieland as President of its New England business, reinforcing its leadership team and energy transition credentials. Wieland comes with a track record of operational and infrastructure success at Massport. Lisa will succeed Steve Woerner, who will continue to lead the New England business through 2023.
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-2.28%
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Rhea-AI Summary
National Grid partners with Solar Shepherd to launch a solar grazing pilot at two company-owned solar sites in Attleboro, Massachusetts. The pilot combines renewable energy and agriculture by introducing sheep to feed on the grasses around the solar panels, providing sustainable vegetation control. The partnership aims to reduce the need for herbicides, pesticides, and gas-powered lawnmowers, cutting down on carbon emissions and noise pollution. It also supports local Massachusetts ranchers and adds an additional purpose to the solar site locations. National Grid plans to expand the solar grazing program to other sites as its solar portfolio grows.
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1.12%
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Rhea-AI Summary
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-0.82%
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-1.34%
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National Grid Plc

NYSE:NGG

NGG Rankings

NGG Stock Data

48.36B
3.65B
0.01%
4.72%
0.37%
Pipeline Transportation of Natural Gas
Transportation and Warehousing
Link
United Kingdom
1 3 Strand

About NGG

National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas, providing both to customers in New York, Massachusetts, and Rhode Island.