Completion of sale of majority interest in NGGT and Metering

31st January 2023 - Press release

National Grid plc is pleased to announce that it has today completed the sale of a 60% equity interest in its UK gas transmission and metering business to a consortium comprised of Macquarie Asset Management and British Columbia Investment Management Corporation.

Enquiries and contacts

Investors and Analyst:

Nick Ashworth: +44 (0) 7814 355 590
Angela Broad: +44 (0) 7825 351 918
James Flanagan: +44 (0) 7970 778 952
Jonathan Clay: +44 (0) 7899 928 247

Media:

Molly Neal: +44 (0) 7583 102 727
Danielle Dominey-Kent: +44 (0) 7812 485 153

About National Grid Gas

National Grid Gas owns and operates the regulated gas National Transmission System (“NTS”) in Great Britain, and also owns a regulated gas metering business.

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