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UK investigates sale of National Grid’s gas transmission business, report says

vwdhfgeyug by vwdhfgeyug
August 7, 2022
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UK investigates sale of National Grid’s gas transmission business, report says
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Dials and valves are seen close to a piece of gasoline pipeline at a Nationwide Grid facility close to Knutsford, Britain, October 11, 2021. REUTERS/Phil Noble

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LONDON, Aug 7 (Reuters) – Britain has launched an investigation below new nationwide safety guidelines into the sale of a 60% stake in Nationwide Grid’s (NG.L) gasoline transmission and metering enterprise to a consortium led by Australia’s Macquarie, the Telegraph reported on Sunday.

Nationwide Grid agreed to promote the unit for an enterprise worth of about 9.6 billion kilos ($12.7 billion) in March. read more

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