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Latest National Grid plc Stories

2011-10-30 12:46:00

NORTHBOROUGH, Mass., Oct. 30, 2011 /PRNewswire/ -- With an early blast of winter weather delivering a blow from New England to the Mid-Atlantic region yesterday and this morning, a National Grid executive is prepared to offer updates to media representatives at 2:00 p.m. EDT today, Sunday, October 30. Marcy Reed, president, National Grid, Massachusetts will discuss the impact of the storm and the company's restoration efforts in Massachusetts. Marcy Reed will make remarks and will then...

2011-05-05 07:00:00

SAN FRANCISCO, May 5, 2011 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced a major realignment of its natural gas operations under a single senior executive and appointed an experienced turnaround specialist to lead across-the-board performance improvements within the organization. Nick Stavropoulos, a veteran natural gas pipeline operator, will assume responsibility for the utility's entire natural gas business as Executive Vice President, Gas Operations...

2011-02-16 09:00:00

NEW YORK, Feb. 16, 2011 /PRNewswire/ -- The New York State Smart Grid Consortium recently announced that David J. Manning was named the organization's first executive director. "For our short history, the Consortium can be proud of key accomplishments. The appointment of an executive director marks a new milestone in our growth," said Bob Catell, Chairman, NYS Smart Grid Consortium. "David's vast experience and leadership in the energy industry will help accelerate the efforts of the...

2010-11-18 01:46:00

LONDON, November 18, 2010 /PRNewswire-FirstCall/ -- National Grid today releases 2010 interim results, unveiling a 45% increase in profit before tax up to GBP938m. In a video interview with http://www.cantos.com CEO Steve Holliday discusses the results and reveals that the financial performance was backed up by a strong operational performance. He explains how the cash raised in the recent GBP3.2bn rights issue is being used and maintains the company is on track with the GBP22bn...

2010-11-09 15:38:00

LONDON, Nov. 9, 2010 /PRNewswire/ -- When National Grid needed to transform its business operations as it moved to develop a new generation of energy-management solutions, it turned to Verizon Business to design, implement and manage a new, highly flexible, global communications environment. The Verizon team will be working alongside National Grid, an international electricity and gas company, to develop the company's new fully managed communications capability. Services will encompass...

2010-05-20 02:28:00

LONDON, May 20, 2010 /PRNewswire-FirstCall/ -- National Grid CEO Steve Holliday reflects on the international electricity and gas company's full year results after profits before tax rose 12% to GBP1.974bn. In an interview for financial broadcaster http://www.cantos.com he updates the market on the current investment programme following the company's record GBP3.3bn spend to keep all its major projects on track. He also gives his thoughts on the regulatory environment, the...

2010-05-14 13:32:00

PEARL RIVER, N.Y., May 14 /PRNewswire/ -- Millennium Pipeline Company, L.L.C. announced today that Joseph P. Shields has been named president of the company, effective June 1, 2010. He replaces Richard H. Leehr who has served as company president since 2005. (Logo: http://www.newscom.com/cgi-bin/prnh/20061206/MILLPIPELINE ) "We are very excited to have an executive of Joe's caliber joining Millennium Pipeline," said Millennium Chairman Jim Howe. "Joe has over 25 years of experience in...

2010-01-22 14:41:00

PEARL RIVER, N.Y., Jan. 22 /PRNewswire/ -- Millennium Pipeline Company, L.L.C. today announced a binding Open Season for shippers seeking firm transportation capacity commencing November 1, 2013 to support system mainline expansions. The Open Season begins January 25, 2010, and runs through February 12, 2010. The Open Season Notice has been posted on Millennium's electronic bulletin board as well as its website at www.millenniumpipeline.com where further details are provided. Prospective...

2010-01-08 16:44:00

PEARL RIVER, N.Y., Jan. 8 /PRNewswire/ -- Millennium Pipeline Company, L.L.C. today announced that its one year old natural gas pipeline delivered in excess of 714,700 dekatherms on January 4, 2010, setting a new peak day for natural gas shipments to Northeast gas consumers. The natural gas supply is sourced from a variety of locations including western New York gas production and storage fields, as well as through interconnections with gas pipelines bringing Marcellus Shale gas from...

2009-11-19 02:21:00

LONDON, November 19 /PRNewswire-FirstCall/ -- National Grid, the electricity and gas distribution company, announced "very strong" half-yearly results with pre-tax profits up by 16 per cent and earnings ahead by 31 per cent, despite a difficult trading environment. The company said its GBP3.4bn investment strategy was on track, with GBP1.5bn invested in the first half of the year. In an interview with http://www.cantos.com, Steve Holliday, Chief Executive, said: "The...