Identified by the ticker NG, the ordinary National Grid shares are listed on the London Stock Exchange. The American Depositary National Grid shares represent five ordinary shares each and are listed on the New York Stock exchange under the ticker identification NNG.

National Grid runs the systems that deliver gas and electricity to the whole of Britain. They are one of the largest investor owned energy companies in the world. National Grid owns the high voltage electricity transmission system, and the high pressure gas transmission system that operates across the whole of Great Britain. They also provide power to millions of customers in the North East of the United States of America.

Some Key events in the History of National Grid

In 1990 the electricity industry was privatised and the National Grid was owned by twelve regional electricity companies. In 1995, National Grid shares were first listed on the London Stock Exchange.

In 2002, Lattice merged with National Grid following their demerger from British Gas in 2000. In the same year, National Grid announced the acquisition of Niagara Mowhawk.

National Grid acquired Crown Castle UK in 2004. Then after acquisition agreements in 2006 they took over KeySpan in 2007

Development

National Grid are working with other companies in the US to develop a new cable capable of carrying up to five times more power than a conventional cable. By cooling the cable to -200 degrees centigrade with liquid nitrogen channelled through its core, the cable no longer suffers from energy loss as with ordinary cables. In effect the cable becomes super conductive.

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