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Business Review

Our history

National Grid’s original UK businesses were created by the restructuring of the UK gas industry in 1986 and the UK electricity industry in 1990. We entered the US energy delivery market in 2000 and substantially expanded our UK wireless infrastructure activities in 2004. This is a history of our development.
   
August 1986

British Gas incorporated as a public limited company

March 1990

Electricity transmission network in England and Wales transferred to National Grid on electricity privatisation (National Grid owned by 12 Regional Electricity Companies)

December 1995

National Grid listed on the London Stock Exchange

February 1997

Centrica demerged from British Gas which was renamed BG

December 1997

Energis demerged from National Grid

December 1999

BG became BG Group

March 2000

New England Electric System acquired by National Grid

April 2000

Eastern Utilities Associates acquired by National Grid

October 2000

Lattice Group demerged from BG Group

January 2002

Niagara Mohawk Power Corporation merged with National Grid’s US operations

October 2002

Merger of National Grid and Lattice Group to form National Grid Transco

August 2004

Acquisition of UK wireless infrastructure network from Crown Castle International Corp.

June 2005

Sales of four UK gas distribution networks

July 2005

Adoption of National Grid as single name for principal businesses

February 2006

Agreements to acquire KeySpan Corporation and Southern Union Company’s gas distribution network in Rhode Island