National Grid ready to build UK asset base

November 2007
Utility Week;11/23/2007, Vol. 28 Issue 7, p21
Trade Publication
The article reports on the decision of National Grid to invest £16 billion in priority markets to March 2012. The company said that by 2012, the value of its British asset base would grow by 35 per cent from its March 2007 level. Operating profit increased to £1,039 million, up 19 per cent on the period in 2006. National Grid said profits were driven by strong results in the transmission and gas distribution businesses.


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