Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
August Graham

National Grid sells 60% stake in gas network

PA Media

National Grid said it had sold a controlling stake in its gas grid to a group of global investors as it raises money to invest in electricity.

The business said that it would pocket £2.2 billion in cash for 60% of its gas transmission and metering unit.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.