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An update from National Grid Transco ( (NGG) ) is now available.
National Grid has announced its RIIO-T3 business plan, which includes a significant investment of up to £35 billion from April 2026 to March 2031. This plan aims to enhance the UK’s electricity transmission network, improve reliability, and support the country’s clean energy goals. By nearly doubling the energy transfer capacity and integrating new technologies, the company intends to support future industrial electrification, create jobs, and maintain affordability for consumers. The plan aligns with national energy transition strategies and seeks regulatory support for its ambitious goals.
More about National Grid Transco
National Grid plc is a leading utility company in the United Kingdom, primarily involved in the transmission and distribution of electricity and gas. The company focuses on maintaining and upgrading the UK’s energy infrastructure to support the transition to cleaner energy sources and meet growing electricity demands.
YTD Price Performance: -1.35%
Average Trading Volume: 522,628
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $58.17B
For a thorough assessment of NGG stock, go to TipRanks’ Stock Analysis page.
