お知らせ • Nov 20
National Grid Appoints Steve Smith as Chief Strategy and Regulation Officer National Grid announced that Steve Smith has been appointed as the company's Chief Strategy and Regulation Officer. As National Grid works to progress the energy transition at speed, Steve will lead the company's work on future strategy and regulation across the US and UK. Steve will sit on National Grid's executive committee. Steve has been leading this work on an interim basis since August 2024, following Ben Wilson's move to lead National Grid Ventures. His appointment is effective immediately. Steve Smith joined National Grid in October 2021 and previously held the roles of Group Head of Strategy and President of National Grid Partners. Before joining National Grid, he spent 11 years at Lloyds Banking Group and was a member of the Retail Executive Committee. Prior to this, he was a Board member and Managing Director at Ofgem. His early career included roles at American Electric Power and PricewaterhouseCoopers (PwC). With more than 25 years of experience in the energy and finance sectors, Steve's career spans venture capital, fintech, innovation and competition, government and policy, markets, regulatory reform and regulatory strategy. お知らせ • Oct 03
National Grid plc Provides Earnings Guidance for the Six Months Ended September 30, 2024 National Grid plc provided earnings guidance for the six months ended September 30, 2024. Overall, the group's performance is in line with expectations and, as usual, underlying EPS is expected to be weighted to the second half of the year. Contribution to operating profit is expected to be consistent with historical periods: In UK Electricity Transmission and UK Electricity Distribution, the company anticipates operating profit to be broadly evenly split across the year. The company expects an additional £70 million contribution from the Electricity System Operator compared to guidance, reflecting ownership and held for sale accounting treatment up to 30 September 2024. In US regulated businesses, operating profits are expected to be weighted to the second half. This includes New York business where operating profit weighting is expected to be more typical of historical trends than the same period last year (first half of fiscal year 2024 was impacted by an environmental provision charge). In NG Ventures the company anticipates a roughly 40:60 weighting for operating profit between the first and second half. お知らせ • Sep 26
A consortium of investors led by Macquarie Asset Management completed the acquisition of the remaining 20% equity interest in National Gas Transmission Plc from National Grid plc (LSE:NG.). A consortium of investors led by Macquarie Asset Management exercised its option to acquire the remaining 20% equity interest in National Gas Transmission Plc from National Grid plc (LSE:NG.) on July 26, 2024. Following completion of this transaction, a consortium led by Macquarie Asset Management will own 100 per cent of National Gas. The acquisition of National Grid’s remaining 20 per cent interest in National Gas has been agreed on equivalent financial terms, following certain adjustments. The Remaining Interest is on equivalent financial terms to the original transaction. Completion of the Remaining Interest is expected by the first quarter of calendar year 2025, subject to the satisfaction of customary closing conditions and regulatory approvals. Tim Sheddick, Tom Pound, Marc Israel, Katie Hicks, Martin Forbes, Elizaveta Bazarova, Anthony Colegrove, Nicholas Greenacre, Lindsay Canning and Will Smith of White & Case acted as legal advisor to Macquarie Asset Management.
A consortium of investors led by Macquarie Asset Management completed the acquisition of the remaining 20% equity interest in National Gas Transmission Plc from National Grid plc (LSE:NG.) on September 26, 2024. お知らせ • Aug 02
National Grid Announces Executive Changes National Grid announced that Sally Librera will join National Grid as President of its New York business, and sit on the Group Executive Committee, further strengthening National Grid's leadership team and reinforcing its credentials as a leader in the energy transition. Sally will report to National Grid plc CEO John Pettigrew. She joins the company in September. Sally joins from AECOM, where she is currently Senior Vice President and Transit Market Sector Leader for the company's Americas region, focused on the design and delivery of complex infrastructure projects and public private partnerships. She joined AECOM in January 2022 from HNTB where she led the NY/NJ Rail Infrastructure Practice. Sally is also the former Senior Vice President for Subways at MTA New York City Transit, where she led North America's largest urban rail transit operation, overseeing a team of 30,000 employees and safely delivering service for 5.6 million daily riders while improving system performance and modernizing key infrastructure. Sally will succeed Rudy Wynter, who is leaving National Grid after 36 years of service. Rudy led the Company through an unprecedented level of growth and delivered historically strong performance for the New York Business Unit during his tenure. お知らせ • Jun 29
National Grid Appoints Julian Baddeley as Group Company Secretary, with Effect from 1 July 2024 National Grid announced that Julian Baddeley has been appointed as Group Company Secretary, with effect from 1 July 2024. Justine Campbell, National Grid's current Group General Counsel and Company Secretary will remain a member of the Group Executive Committee and will assume the role of Group Chief Legal Officer. Julian is a Chartered Company Secretary and corporate lawyer and joins from abrdn plc, where he was Group Company Secretary.