National Grid and SSE win partial success on price controls
28th Oct 2021 07:49
(Sharecast News) - The UK's competition watchdog has found in favour of SSE and National Grid on part of their appeal on price controls but the companies expressed disappointment that the watchdog rejected some of their objections.
Read moreNational Grid performs in line with H1 expectations
18th Oct 2021 08:49
(Sharecast News) - Utilities firm National Grid said on Monday that it had continued to perform in line with expectations ahead of the release of its first-half results on 18 November.
Read moreNational Grid's WPD acquisition gets the all-clear from CMA
1st Sep 2021 08:18
(Sharecast News) - Utilities company National Grid's proposed takeover of Britain's largest electricity distribution business has been cleared by market regulator the Competition and Market's Authority.
Read moreSSE, National Grid lose out in some of CMA's provisional price findings
11th Aug 2021 07:54
(Sharecast News) - SSE responded to the Competition and Markets Authority's (CMA) provisional determinations in an appeal against some elements of Ofgem's RIIO-T2 price control settlement, brought by its wholly-owned subsidiary SSEN Transmission, on Wednesday.
Read moreCMA starts review of National Grid's PPL WPD acquisition
13th Jul 2021 08:12
(Sharecast News) - The Competition and Markets Authority said on Tuesday that it is considering whether National Grid's acquisition of PPL WPD Investments has led to competition issues.
Read moreCiti ups National Grid price target
10th Jun 2021 10:41
(Sharecast News) - Citi increased its share price target for National Grid based on the company's shift towards electrification.
Read moreNational Grid dividend rises with inflation after profit drop
20th May 2021 07:31
(Sharecast News) - National Grid increased its dividend in line with inflation as the power network operator reported a decline in annual profit caused by the Covid-19 crisis.
Read moreNational Grid files settlement plan for New York gas distribution
17th May 2021 07:38
(Sharecast News) - UK energy infrastructure company National Grid said it had filed a joint proposal for a three-year rate settlement for its New York gas distribution businesses.
Read moreCredit Suisse says markets 'consolidating' not 'correcting', unless ...
14th May 2021 12:46
(Sharecast News) - Stockmarkets are now set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
Read moreWednesday broker round-up
12th May 2021 13:55
(Sharecast News) - Air Partner: Canaccord reiterates buy with a target price of 100p.
Read moreThursday broker round-up
6th May 2021 13:43
(Sharecast News) - National Grid: Berenberg upgrades to buy with a target price of 1,100p.
Read moreCredit Suisse favours National Grid, Diageo, BT, Vodafone
6th May 2021 13:17
(Sharecast News) - Credit Suisse recommended adding to National Grid, Diageo, BT and Vodafone in a move towards "cyclical" defensive shares.
Read moreNational Grid buys Western Power for £7.8bn
18th Mar 2021 07:31
(Sharecast News) - National Grid has agreed to buy Western Power Distribution (WPD) from PPL Corp of the US for £7.8bn and to sell Narragansett Electric (Neco) to PPL for $3.8bn (£2.7bn) to shift its business towards electricity.
Read moreOfgem cuts returns from local electricity networks
11th Mar 2021 09:13
(Sharecast News) - Ofgem has cut returns for shareholders of UK local electricity networks by a third to keep prices low while requiring higher investment in greener energy.
Read moreWednesday broker round-up
10th Mar 2021 13:21
(Sharecast News) - Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.
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