National Grid plc Overview
Pro stress-test →National Grid plc engages in the transmission and distribution of electricity and gas. The company reported £18.38 billion in statutory revenue for the 2025 fiscal year, equivalent to over $23.27 billion, and is positioned as a "toll bridge" utility, offering stable, inflation-protected returns through critical infrastructure investments in the UK and US.
Strategic Profile
Pro stress-test →National Grid is committing a staggering £60 billion (nearly $76 billion) to capital investment over five years, largely to modernize grids in the UK and Northeastern US. The company operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment shows strong growth, reflecting a 57% investment surge.
Competitive Landscape
Pro stress-test →National Grid operates as a regulated utility monopoly in UK electricity transmission and distribution with minimal direct competition in core markets. In the US, the company competes with utilities including Consolidated Edison, American Electric Power, FirstEnergy, and Dominion Energy in northeastern markets. As a critical infrastructure partner in the global shift to decarbonization, National Grid operates across the US and the UK.
Industry Context
National Grid plc operates in Regulated Electric and Gas Utilities.
Key facts
Founded: 1990 · Headquarters: London, UK · Revenue: $23.3B