National Grid Sells Off Majority Interest in UK Gas Distribution Business

Posted on 12/08/2016


On December 8, 2016, National Grid plc revealed they entered into an agreement to sell a 61% equity interest in its U.K. gas distribution business, also known as NGGD, to a consortium of long-term infrastructure investors. The consortium comprises Macquarie Infrastructure and Real Assets (MIRA), Allianz Capital Partners, Hermes Investment Management, CIC Capital Corporation (part […]

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