National Grid plc (LON:NG) will today host an Investor teach-in to provide a detailed understanding of its US regulated businesses.
The teach-in will highlight National Grid’s continued strong growth prospects in the US, where asset growth is expected to be over 8% for the medium-term. The US energy industry needs significant levels of investment to modernise ageing networks, and around 80% of the total US gas and electric investment is to improve asset health and reliability. In today’s presentations, we will demonstrate how we are creating value through this investment for customers and shareholders with a strong focus on efficiency, affordability and enhancing customer experience.
The second major investment driver in the US is to decarbonize energy and facilitate the growth in renewables. We will highlight our goals and initiatives to enable this transition alongside showcasing how we are contributing to the development of regulatory frameworks to achieve these goals.
Following today’s presentation in London, the event will be repeated in New York on Monday, 23 September.
No material updates on current trading will be provided.
All presentations will be made available on National Grid’s investor website at 8:30am today (http://investors.nationalgrid.com). A video recording of the event will also be made available on Tuesday, 24 September.