26 September 2024

National Grid plc

Completion of sale of final 20% of National Gas

National Grid plc ("National Grid") is pleased to announce that it has today completed the sale of its final 20% equity interest in National Gas to a consortium of long-term infrastructure investors led by Macquarie Asset Management.

Enquiries and contacts

Investors and Analysts:

Angela Broad                                      +44 (0) 7825 351 918

Tom Edwards                                      +44 (0) 7976 962 791

Media:

Dan Roberts, Brunswick                     +44 (0) 207 404 5959

Notes to Editors

About National Grid

National Grid lies at the heart of a transforming energy system, spanning the UK and the US. Our businesses supply gas and electricity, safely, reliably and efficiently to millions of customers and communities. But we also drive change through engineering innovation and by incubating new ideas with the power to revolutionise our industry.

National Grid is pioneering ways to decarbonise the energy system including delivering The Great Grid Upgrade - the largest overhaul of the UK grid in generations - and building the Upstate Upgrade, the largest investment in New York's electricity transmission network for over a century.

As one of the largest investor-owned energy companies in the world, National Grid is at the centre of a clean, fair and affordable energy future, and is one of the FTSE's largest investors in the energy transition.