National Grid has announced a significant step up in energy infrastructure investment, which is unprecedented in its scale and ambition. Over the next five years, National Grid will be investing around £60 billion in networks, cementing our position as a leader in the energy transition on both sides of the Atlantic.

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National Grid’s new five-year plan will almost double our investment in the next five years to around £60 billion across the UK and northeast US. This represents a huge scaling up in the delivery of ground-breaking projects to expand the electricity network and enable the increasingly digital, electrified and decarbonized economies of the future. This investment will unlock economic growth, support thousands of new jobs, and deliver the energy transition for the communities we serve.

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Rights Issue & Prospectus

On 23 May, we announced a comprehensive financing plan, including a £7 billion fully-underwritten Rights Issue, to support our unprecedented scale of investment and growth. Access the Rights Issue prospectus and all relevant documentation.

Full Year Results

On the 23 May we announced our full year financial results for the period ending 31 March, where we delivered another year of strong operational and financial performance. Access the results.

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US Press Release

National Grid Commits to Investing $35 Billion in New York & Massachusetts to Meet Decarbonization Goals and Build a Stronger, Cleaner Grid

Two National Grid engineers wearing full PPE working on electrical equipment

Our Annual Report and Accounts 2023/24

We’ve published our Annual Report and Accounts (ARA) today, which provides a comprehensive overview of our Company performance and what we’ve delivered in the past year to play our role in the energy transition.