Browsing Tag
National Grid Ventures
5 posts
National Grid lifts EPS outlook as debt climbs to £48.6bn on record investment
National Grid has upgraded its annual underlying earnings-per-share growth guidance to 15% to 16% after reporting a strong first half and record capital investment. The results support its long-term growth strategy, but £48.6 billion of net debt, substantial new infrastructure spending and favourable non-recurring contributions complicate the assessment of underlying earnings quality.
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.
National Grid shares fall as $1.75bn Joulent bet targets AI data centre power boom
National Grid is moving beyond conventional regulated networks with a $1.75 billion investment in Joulent, but the higher-return strategy introduces construction, technology, carbon and balance-sheet risks.
Is natural gas infrastructure still ESG-aligned in 2025? What the Grain LNG deal reveals about investor sentiment
Find out why the Grain LNG deal is reshaping how investors view gas infrastructure in ESG portfolios and what it means for the UK’s net-zero roadmap.