NGG 📈 National Grid ADR - Overview

National Grid plc is a leading energy company that plays a crucial role in transmitting and distributing electricity and gas to millions of customers across the United Kingdom and the northeastern United States.

The company's operations are divided into several segments, each with its own unique focus. The UK Electricity Transmission segment is responsible for maintaining and expanding the high-voltage electricity transmission network in England and Wales, ensuring that electricity is delivered safely and efficiently to homes and businesses.

The UK Electricity Distribution segment, on the other hand, focuses on distributing electricity to customers in the Midlands, South West of England, and South Wales. This segment is critical in providing reliable and efficient electricity supply to local communities.

The UK Electricity System Operator segment acts as a neutral facilitator, balancing the supply and demand of electricity on Great Britain's electricity transmission system. This segment plays a vital role in ensuring that the lights stay on and that the grid remains stable.

Across the Atlantic, National Grid plc has a significant presence in the northeastern United States. The New England segment provides electricity and gas distribution, as well as electricity transmission services, to customers in Massachusetts, New Hampshire, Rhode Island, and Vermont.

The New York segment offers similar services, including electricity and gas distribution, and electricity transmission, to customers in New York State.

The National Grid Ventures segment is focused on developing and operating transmission infrastructure, including electricity interconnectors and liquefied natural gas (LNG) importation facilities. This segment also invests in renewable energy projects, supporting the transition to a low-carbon economy.

Finally, the Other segment is responsible for leasing and selling commercial property, as well as providing insurance services in the United Kingdom.

With a rich history dating back to 1990, National Grid plc is headquartered in London, the United Kingdom, and is committed to delivering safe, reliable, and efficient energy to its customers. For more information, visit their website at https://www.nationalgrid.com.