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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| National Grid Plc | LSE:NG. | London | Ordinary Share | GB00BDR05C01 | ORD 12 204/473P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15.00 | 1.42% | 1,074.00 | 1,073.50 | 1,074.50 | 1,075.00 | 1,056.00 | 1,062.50 | 5,704,745 | 16:35:15 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Combination Utilities, Nec | 24.25B | 7.8B | 2.1140 | 5.08 | 39.63B |
From May 2019 to May 2024
By Dieter Holger
National Grid PLC (NG.LN) said Monday it had completed its $100 million acquisition of North American wind and solar developer Geronimo Energy.
The British utility also said that it entered into a joint agreement with the Washington State Investment Board. National Grid contributed around $125 million for a 51% controlling stake in the venture that bought up 379 megawatts of wind and solar projects from Geronimo Renewable Infrastructure Partners.
"We believe in the long-term growth potential of renewable generation, driven by consumer demand and technological advances," said Badar Khan, president of National Grid Ventures.
Write to Dieter Holger at dieter.holger@dowjones.com; @dieterholger
(END) Dow Jones Newswires
July 15, 2019 11:14 ET (15:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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