Sale completion:majority interest, NGGT & Metering

 

31 January 2023

 

Completion of sale of majority interest in NGGT and Metering

 

 

National Grid plc is pleased to announce that it has today completed the sale of a 60% equity interest in its UK gas transmission and metering business to a consortium comprised of Macquarie Asset Management and British Columbia Investment Management Corporation.

 

 

Enquiries and contacts

 

Investors and Analyst:

 

Nick Ashworth   +44 (0) 7814 355 590

Angela Broad   +44 (0) 7825 351 918

James Flanagan   +44 (0) 7970 778 952

Jonathan Clay   +44 (0) 7899 928 247

 

Media:

 

Molly Neal  +44 (0) 7583 102 727

Danielle Dominey-Kent     +44 (0) 7812 485 153

 

 

 

About National Grid Gas

 

National Grid Gas owns and operates the regulated gas National Transmission System ("NTS") in Great Britain, and also owns a regulated gas metering business.