Deals Counterparts

United Kingdom

company 1 Deal 6 Partners

National Grid plc is a multinational electricity and gas utility company operating regulated transmission and distribution networks in the United Kingdom and the Northeastern United States. It manages critical infrastructure for energy delivery and is actively investing in the energy transition, including offshore wind connections and interconnector projects.

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Founded 1990 28,000 employees
Utility CompanyOperatorDeveloperEPC Contractor

Strategic Overview

  • Committed to playing a leading role in the energy transition, investing significantly in network upgrades and new infrastructure to support decarbonization targets.
  • Focus on regulated assets in both the UK and US, providing stable returns and long-term growth opportunities.
  • Strategic rebalancing of portfolio through divestment of UK gas transmission and acquisition of UK electricity distribution assets.

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Investment Focus

Technologies
Nuclear1
Geography
Global1

Key People

John Pettigrew
Chief Executive Officer
Andy Agg
Chief Financial Officer

Track Record

34
Years Active
Notable projects: Hinkley Point C Connection, Viking Link Interconnector, Eastern Green Link 1 & 2

Detailed Analysis

Sectors
UtilitiesEnergy Transition
Technologies
Electricity TransmissionGas TransmissionElectricity DistributionGas DistributionOffshore WindTransmissionBattery Storage
Geographies
United KingdomUnited StatesDenmark
Deal Stage
OperatingBrownfieldGreenfield

Subsidiaries

National Grid Electricity TransmissionNational Grid Gas Transmission (minority stake retained)National Grid VenturesNational Grid PartnersNational Grid US

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