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National Grid to Step Up Capital Investment in U.S.

National Grid to Step Up Capital Investment in U.S.

SUGAR LAND--November 13, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--As political debate around the re-nationalization of energy grids mounts in the U.K., British power grid operator National Grid Plc (NYSE:NGG) (Warwick, England) is upping capital investments and growing its asset base in the U.S. Industrial Info is tracking more than $1.8 billion in active National Grid projects, including $370 million that are under construction in the U.S.

$93 million Aquidneck Island Reliability Project in Portsmouth, Rhode Island $12 million 112-kV/13.2kV Sodeman Road Substation project in Middle Grove, New York