Financial position
£43.6bn
Total assets
£22.1bn
Net debt
£4.2bn
Net assets
3.9x
Interest cover
A3/BBB+
Moody’s/S&P senior unsecured ratings for National Grid USA
Baa1
Moody’s senior unsecured rating for National Grid plc
A3/A-/A
Moody’s/S&P/Fitch senior unsecured ratings for NGG plc and NGET plc
BBB+
S&P and Fitch senior unsecured ratings for National Grid plc