Reported Earnings • Jun 09
Full year 2026 earnings released: EPS: UK£0.66 (vs UK£0.60 in FY 2025) Full year 2026 results: EPS: UK£0.66 (up from UK£0.60 in FY 2025). Revenue: UK£17.7b (down 3.8% from FY 2025). Net income: UK£3.24b (up 15% from FY 2025). Profit margin: 18% (up from 15% in FY 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Integrated Utilities industry in Europe. Announcement • Jun 05
National Grid plc, Annual General Meeting, Jul 14, 2026 National Grid plc, Annual General Meeting, Jul 14, 2026. Location: kings high school, venues & events warwick, banbury road, warwick, cv34 6ye., United Kingdom Announcement • Nov 28
Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.) Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) for an enterprise value of £1.5 billion on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion.
Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value.
The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year.
Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc. Charles Steward, Caroline Rae, Reza Dadbakhsh, Silke Goldberg, David Coulling, Veronica Roberts, Howard Murray and Tim Leaver of Herbert Smith Freehills LLP acted as legal advisor to National Grid plc (LSE:NG.)
Centrica plc (LSE:CNA) and Energy Capital Partners, LLC completed the acquisition of National Grid Grain LNG Limited and Thamesport Interchange Limited from National Grid plc (LSE:NG.) on November 28, 2025. Announcement • Nov 07
National Grid plc Proposes Interim Dividend for the Year Ending 31 March 2026, Payable on 13 January 2026 National Grid plc announced the Directors proposed an interim dividend of 16.35 pence per ordinary share ($1.0657 per American Depositary Share) in respect of the year ending 31 March 2026. The interim dividend is expected to be paid on 13 January 2026 to shareholders on the register as at 21 November 2025. Ex-dividend date for 2025-2026 interim dividend - ordinary shares was 20 November 2025. Ex-dividend date for 2025-2026 interim dividend – ADRs was 21 November 2025. Announcement • Oct 02
National Grid plc Provides Earnings Guidance for the Six Months Ended 30 September 2025 National Grid plc provided earnings guidance for the six months ended 30 September 2025. For the period, 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. In UK Electricity Transmission and UK Electricity Distribution, company anticipate operating profit to be broadly evenly split across the year. In US regulated businesses, operating profits are expected to be weighted to the second half. Relative to the same period last year there have been fewer storms in New York business, as well as new electricity distribution rates in New England business. As such, company expect a slightly higher contribution to operating profit from both businesses in the first half relative to the profile last year. In National Grid Ventures company expect a roughly even weighting of profitability across the year. Announcement • Aug 14
Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.). Centrica plc (LSE:CNA) and Energy Capital Partners, LLC entered into a sale and purchase agreement to acquire National Grid Grain LNG Limited/Thamesport Interchange Limited from National Grid plc (LSE:NG.) on August 14, 2025. A cash consideration will be paid by Centrica plc and Energy Capital Partners, LLC. The purchase of Grain LNG is for an enterprise value of £1.5 billion.
Centrica's 50% share of the equity investment of approximately £200 million will be funded from it's existing cash resources. Centrica plc and Energy Capital Partners has also secured approximately £1.1 billion of committed financing, which will be drawn at closing, to fund a portion of the enterprise value.
The transaction is conditional upon certain regulatory approvals being received, including approval under the National Security and Investment Act and certain mandatory anti-trust approvals. The completion of the transaction is expected to occur in Q4 this calendar year.
Brian O'Keeffe, Conor Hennebry and Martin Weltman Banco Santander, S.A., London Branch acted as financial advisor for Centrica plc and Energy Capital Partners, LLC. Slaughter and May acted as legal advisor for Centrica plc. Latham & Watkins LLP acted as legal advisor for Centrica plc and Energy Capital Partners, LLC. Morgan Stanley acted as financial advisor to National Grid plc. Announcement • May 15
National Grid plc to Report First Half, 2026 Results on Nov 06, 2025 National Grid plc announced that they will report first half, 2026 results on Nov 06, 2025 Announcement • May 01
National Grid plc Announces Chief Executive Succession Plan National Grid plc announced the appointment of Zoë Yujnovich as its next Chief Executive. She will succeed John Pettigrew who, after almost 10 years in post, has decided to retire from his role effective 16 November 2025. Following a comprehensive succession planning process both the Board and John believe it is the right time to transition leadership at National Grid. Zoë's proven track record makes her ideally qualified to guide National Grid into its next phase of growth. Zoë will join from Shell plc where she was, until recently, Integrated Gas and Upstream Director and a member of the Executive Committee. Prior to Shell, Zoë held a number of progressively senior roles at Rio Tinto, including President and Chief Executive of the Iron Ore company of Canada. She has recently joined the board of Unilever plc as a Non-Executive Director. Zoë will join the National Grid Board as Chief Executive Designate on 1 September 2025 and will be appointed Chief Executive on 17 November 2025. John will retire from the Board of Directors and his role as Chief Executive on 16 November 2025, enabling a seamless transition and orderly handover of responsibilities. John joined National Grid as a graduate in 1991. During his time at the company he has held a variety of senior roles, including UK Director of Engineering, Chief Operating Officer and Executive Vice President for the US Electricity Distribution & Generation business, Chief Operating Officer for UK Gas Distribution, and UK Chief Operating Officer, joining the National Grid Board as Executive Director, UK in 2014. He became Group Chief Executive in 2016. Zoë Yujnovich is an international business leader recognised for her prominent roles in the energy sector and delivering performance transformation. Zoë began her career with Rio Tinto, holding senior management positions across diverse international markets including Australia, USA, UK, Brazil and Canada. Her significant experience managing cross-cultural teams and driving consistent outperformance through better workforce engagement at Rio Tinto positioned her as a respected figure in international business. In 2014, Zoë joined Shell plc, initially as Executive Vice President in Canada, where she successfully led major infrastructure projects critical to the company's strategy and operational delivery. Subsequently, as Shell's Country Chair and Executive Vice President for Australia and New Zealand, she led the local operational and cultural integration of BG, a USD 70 billion acquisition. Zoë's strategic capabilities were further recognized by her appointment as Shell's Executive Vice President of Conventional Oil and Gas, based in The Hague, where she managed global operations. In October 2021, Zoë was elevated to Shell's Executive Committee, based in London, as Director of Integrated Gas and Upstream, further underscoring her key role in navigating complex global energy challenges. Zoë also serves as an Independent Non-Executive Director at Unilever PLC. John Pettigrew will remain as Chief Executive until 16 November 2025, but will continue to be available to the Group through to the end of his 12 month notice period, which expires on 30 April 2026. His departure will be treated in accordance with the Directors' Remuneration Policy and his service contract. Announcement • Apr 10
National Grid plc to Report Fiscal Year 2025 Results on May 15, 2025 National Grid plc announced that they will report fiscal year 2025 results on May 15, 2025 Announcement • Feb 24
Brookfield Asset Management Ltd. (TSX:BAM) and its institutional partners including Brookfield Renewable Partners L.P. (TSX:BEP.UN) agreed to acquire National Grid Renewables, LLC from National Grid plc (LSE:NG.) for an enterprise value of $1.7 billion. Brookfield Asset Management Ltd. (TSX:BAM) and its institutional partners including Brookfield Renewable Partners L.P. (TSX:BEP.UN) agreed to acquire National Grid Renewables, LLC from National Grid plc (LSE:NG.) for an enterprise value of $1.7 billion on February 24, 2025. Under the terms of the transaction imply an enterprise value for National Grid Renewables of $1.735 billion. The final cash consideration will be subject to customary completion adjustments. Completion of the transaction will be subject to certain consents and regulatory approvals. Subject to these clearances, National Grid expects that the transaction will complete in the first half of the financial year ending 31 March 2026. Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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. Announcement • 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. Announcement • May 25
National Grid plc Recommends Final Dividend The Board of National Grid plc has recommended a final dividend of 39.12 pence, taking the full year dividend to 58.52 pence per share, representing a 5.55% increase compared to the prior year, reflecting 2024 average CPIH inflation. The outstanding ordinary shares trading will go ex dividend on the 6 June, with the 7 June being the record date for the final dividend. 
