57. National Grid plc

Company Snapshot
National Grid plc engages in the ownership and operation of regulated electricity and gas infrastructure networks.

The company operates in four segments: Transmission, Gas Distribution, Electricity Distribution and Generation, and Non-Regulated Businesses and Other.

The Transmission segment owns and operates high-voltage electricity transmission network in England, Wales, Scotland, New York, and New England; a gas national transmission system in Great Britain; electricity interconnectors with Scotland and France; and storage facilities for liquefied natural gas (LNG).

The Gas Distribution segment owns and operates gas distribution networks in England, and in upstate New York, New York City, Long Island, Massachusetts, New Hampshire, and Rhode Island.

The Electricity Distribution and Generation segment owns electricity distribution networks in upstate New York, Massachusetts, New Hampshire, and Rhode Island, as well as operates and manages electricity transmission and distribution network in Long Island on behalf of the Long Island Power Authority, and as a generator of electricity on Long Island.

The Non-Regulated Businesses and Other segment involves in the provision of gas metering services; property management; and operation of LNG import terminal on the Isle of Grain.

The company also holds interests in electricity interconnectors, metering services, LNG facilities, and properties in the United Kingdom; and LNG storage and transportation, unregulated gas transmission pipelines, and gas fields and home energy services in the United States.

As of March 31, 2008, it served approximately 19 million consumers in the United Kingdom and the United States.

The company was founded in 1990 and is based in London, the United Kingdom.

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Steve Holliday, 50
TITLES
Group Chief Executive Officer, Group Director of UK Gas Distribution & Business Services, Director, Chairman of Executive Committee, Member of Finance Committee, Chief Executive of NGET and Director of National Grid Transco
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