Recent events
Recent events tied to this brand in public sources.
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2021
National Grid and Scottish Power agree to pay £158m penalty over cable delays
National Grid and Scottish Power agreed to pay a record £158m penalty after the industry regulator found that delays to the Western Link subsea power cable led to Scottish wind farms being paid to switch off on windy days. A spokesperson for the joint venture said it recognized it was ultimately accountable for the delay and had agreed to the redress package.
2021
Wipro signs multi-year strategic IT deal with National Grid
Wipro signed a multi-year global strategic IT and digital deal with National Grid. Wipro will support National Grid's digital transformation, data-center consolidation across the UK and US, and transition to next-generation hosting services.
2021
PPL announces sale of Western Power Distribution
PPL announced that it would sell its U.K.-based utility business, Western Power Distribution, to National Grid in an all-cash transaction valued at £14.4 billion, including assumed debt. The sale was anticipated to close in four months, pending approvals.
2021
PPL announces acquisition of Narragansett Electric
PPL announced that it would acquire National Grid's Rhode Island utility business, The Narragansett Electric Company. The transaction was valued at $5.3 billion including assumed debt and was expected to close within a year, pending approvals.
2020
National Grid appoints Badar Khan as US Business president
National Grid announced Badar Khan’s appointment as President of its US Business. He had been acting as interim President since November 2019.
2020
National Grid appoints Jon Butterworth to lead National Grid Ventures
National Grid announced Jon Butterworth’s appointment as Managing Director of National Grid Ventures and a member of the Group Executive Committee. He had held the role on an interim basis since November 2019.