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UK Grid's Big Rights Offer Shows Sector Appeal Over Ailing Water bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
National Grid PLC on Thursday launched a GBP7.0 billion rights issue to support plans for GBP60 billion of investment in UK and US energy infrastructure.
Shares of National Grid on Thursday fell 10% in pre-market trading a day after the company said it plans to invest around 60 billion pounds in energy network infrastructure.