National Grid completes sale of Grain LNG business
National Grid plc has completed the sale of its Grain LNG business to a consortium made up of Centrica plc and Energy Capital Partners, which is part of Bridgepoint Group plc.
Rhea-AI Filing Summary
National Grid plc has completed the sale of its Grain LNG business to a consortium made up of Centrica plc and Energy Capital Partners, which is part of Bridgepoint Group plc. This transaction removes Grain LNG from National Grid’s portfolio and transfers ownership to a mix of a multinational energy company and an energy transition-focused infrastructure investor.
National Grid describes itself as one of the largest publicly listed energy network companies, operating critical electricity and gas networks in the UK and US. The company emphasises its role in providing secure, affordable and cleaner energy while supporting economic growth, and positions this move within a broader strategy of focusing on reliable and resilient energy networks for the future.
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