Browsing Tag
National Grid plc
2 posts
National Grid cuts executive committee to eight as £70bn investment plan enters execution phase
National Grid plc is replacing its business-unit-heavy leadership structure with UK and United States presidents, supported by dedicated capital delivery and technology functions. The simpler model could accelerate decision-making across its record investment programme, but the company has not disclosed immediate savings or restructuring targets.
National Grid’s $1.75bn Joulent investment brings AI data centre power into its growth portfolio
National Grid is taking a minority position in a United States power platform anchored by a 2.67 GW project for Microsoft. The opportunity is substantial, but returns still depend on final approval, construction discipline and partner-led execution.