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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| National Grid Plc New | NYSE:NGG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.84 | 1.38% | 61.79 | 61.82 | 60.66 | 61.16 | 1,411,108 | 01:00:00 |
From Jul 2021 to Jul 2024
By Jaime Llinares Taboada
U.K. energy regulator Ofgem said Thursday that it is launching an investigation into whether National Grid PLC breached rules concerning the maintenance of the Harker electrical substation in Cumbria, England.
The British watchdog said the probe concerns the company's duty to develop and maintain an efficient, coordinated, and economical system of electricity transmission and facilitate competition in the supply and generation of electricity.
Ofgem said the opening of the investigation doesn't imply that it has made any findings about possible non-compliance by National Grid.
National Grid Electricity Transmission PLC owns the high-voltage power network in England and Wales.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
March 24, 2022 06:31 ET (10:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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