Summary
National Grid Transco is to give shareholders a pounds 2bn windfall after announcing the sale of four of its gas distribution networks.
The London-based group said it was delighted with the outcome of an auction process that will see it net pounds 5.8bn from networks covering Wales and the West, the North of England, Scotland and the South of England.See the full content of this document
Extract
Pounds 2bn Windfall in Pipeline Sell-Off
It will still be the UK's largest gas distributor as it has retained control of ...
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