National Grid plcLondon, United Kingdom (NYSE: NGG)

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National Grid Company Description

It's not gridlock but a lock on the Grid that is a good thing for National Grid. It is the sole owner and operator of the electricity transmission system in England and Wales. It transmits electricity through about 4,500 miles of overhead and underground lines to distribution utilities serving more than 52 million people. National Grid also operates the UK natural gas transmission and distribution system (serving more than 11 million homes and businesses) through its National Grid Gas subsidiary. However, it is the company's Northeastern US gas distibution and power generation, transmission, and distribution operations, led by National Grid USA, that brings in the bulk of the company's revenues.

View the Comprehensive Company Description for National Grid

The Company Description provides a historical perspective of National Grid's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of National Grid's evolution in the marketplace.

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