All the updated news related to john pettigrew

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City

National Grid will become the biggest green investor on the FTSE, says boss

National Grid will become the biggest investor in the transition to a green economy on the FTSE, its chief executive said on Thursday. John Pettigrew, who runs the grid giant, said the firm wants to balance this with keeping bills down for customers....

19 May 2022 at 10:26

City

National Grid sells 60% stake in gas network

National Grid said it had sold a controlling stake in its gas grid to a group of global investors as it raises money to invest in electricity. The business said that it would pocket £2.2 billion in cash for 60% of its gas transmission and metering ...

28 Mar 2022 at 10:25

Government to buy part of National Grid to help meet climate targets

The Government will bring part of National Grid back into public ownership to set up a new authority tasked with helping Britain reach its climate targets. National Grid will sell its Electricity System Operator (ESO) arm to the Government, the ...

06 Apr 2022 at 14:55

City

National Grid reports profit jump as distribution business shines

National Grid has reported a jump in profits as the electricity distribution business it bought two years ago grew strongly. The networks company said on Thursday that it had seen a 15% rise in underlying operating profit to £4.6 billion, ...

18 May 2023 at 10:46

National Grid to pay customers £200m after trading electricity with Europe

National Grid will share some of the excess cash it has made from electricity cables to Europe ahead of schedule as regulator Ofgem and others try to help keep bills pushed down. The company said it will pay £200 million to consumers ...

11 May 2022 at 12:25

City

Reforms needed to speed up renewable energy rollout – National Grid boss

The boss of National Grid has again called for reforms to slash delays that threaten the rollout of renewable energy across the UK. Wind and solar farms are being forced to wait as long as 14 years before they can be connected to ...

10 Nov 2023 at 08:36

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