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National Grid PLC, headquartered in the United States, operates in the utilities sector within the electric services industry.
Originally founded as part of a government initiative in the United Kingdom, the company was created with the goal of ensuring efficient management and distribution of electricity to meet the growing industrial and residential demand.
The company emerged from the need to modernize and integrate large-scale electricity transmission networks, providing essential services in electric and natural gas transmission and distribution.
In addition, National Grid PLC develops renewable energy projects—including wind and solar—as well as technologies for energy storage and smart grids.
The company operates in strategic markets in both the United Kingdom and the United States, particularly in regions such as New York, Massachusetts, and Rhode Island. Its operations include:
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High-voltage transmission networks;
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Local distribution systems;
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Energy control centers.
The company also maintains subsidiaries involved in renewable energy and energy-efficiency consulting. With approximately 23,000 employees, National Grid serves millions of residential, commercial, and industrial customers.
Its operational structure includes an extensive distribution network that covers both urban and rural areas, ensuring continuous and efficient energy supply through integrated transmission and distribution systems.
National Grid PLC is listed on the New York Stock Exchange (NYSE) under the ticker NGG.
History and when National Grid was founded
National Grid was founded in 1990 in the United Kingdom as a result of the privatization of government-operated electricity transmission activities. This initiative was part of a broad modernization program aimed at improving efficiency in the energy sector and attracting private investment.
In its early years, the company focused on consolidating operations within the newly privatized market. One of its first major achievements was the establishment of an integrated electricity transmission system, which significantly enhanced supply reliability for residential and industrial consumers.
Beginning in the 2000s, National Grid expanded internationally, with a primary focus on the northeastern United States. This strategy helped diversify its revenue sources and strengthen its presence in key markets. Natural gas distribution also became an important component of its portfolio.
A significant milestone occurred in 1995 with the company’s initial public offering (IPO), which positioned National Grid as one of the leading utility companies.
Over the following years, it completed several strategic acquisitions—including Niagara Mohawk Power in the U.S.—and advanced initiatives related to renewable energy and smart-grid technologies.
Between 2020 and 2024, the company intensified investments in clean energy, decarbonization projects, infrastructure modernization, and the development of offshore wind assets, reinforcing its commitment to the global energy transition.
Additional Information
The Company National Grid PLC (United States), is listed on NYSE with a market value of $ 75.12 Billions, having an equity of $ 50.29 Billions.
With a total of 23.069 employees, the company is listed in the sector of Utilities and categorized in industry of Electrical.
In the last 12 months the Company had a revenue of $ 47.97 Billions, which generated a profit in the amount of $ 6.08 Billions.
As for its main indicators, the Company has a P/E ratio of 12.36, a P/BV ratio of 1.49 and in the last 12 months the dividend yield of NGG was at 4.00%.
The Company is traded internationally through the ticker NGG.
