National Grid Transco Outlines £70B Investment Plan Amid Climate Policy and Data Center Scrutiny
At its AGM, National Grid Transco announced a record £11.6 billion investment in the previous year and plans to spend at least £70 billion over five years as part of an expanded capital program aimed at driving asset growth, earnings expansion, and dividend increases. The company emphasized investments for new generation capacity and demand driven by data centers, electrification, and industrial growth.
Topics: climate policy data centers dividend strategy energy infrastructure