National Grid Updates Voting Rights, Publishes Prospectus, and Receives Analyst Rating

National Grid Transco has announced an update on its voting rights, with 4,961,230,104 shares with voting rights as of July 31, 2025. The company has also disclosed transactions involving senior management under the Market Abuse Regulation and published a prospectus for its Euro 20 billion Euro Medium Term Note Programme. Analysts recommend a Buy rating with a $79.00 price target, driven by strong financial performance and positive earnings call insights.

National Grid Transco has announced a significant infrastructure project and an update to its voting rights. The company has submitted a planning application for a major electricity transmission network upgrade between Norwich and Tilbury, aiming to support the growing demand for clean energy in East Anglia [1]. This project, part of The Great Grid Upgrade, is expected to boost electricity capacity and power up to six million homes and businesses [1].

Additionally, National Grid Transco has disclosed that as of July 31, 2025, it has 4,961,230,104 shares with voting rights [2]. The company has also reported transactions involving senior management under the Market Abuse Regulation and published a prospectus for its Euro 20 billion Euro Medium Term Note Programme [2]. Analysts recommend a Buy rating with a $79.00 price target, driven by strong financial performance and positive earnings call insights [2].

National Grid Transco's infrastructure project aims to connect homes, businesses, and public services to sources of homegrown British energy, lowering electricity bills in the long term and enhancing energy independence [1]. The project, which includes a new 180km high voltage electricity transmission line, has been shaped through extensive public consultation and environmental assessments [1].

The company's submission to the Planning Inspectorate marks a significant milestone, with construction expected to begin in 2027 and take around four years [1]. The project is part of the UK's transition towards a cleaner energy future, supporting the government's commitment to an £80 billion sector-wide investment plan [1].

National Grid Transco's voting rights update and infrastructure project demonstrate the company's commitment to growth and sustainability. As the company continues to engage with Ofgem on the RIIO-ET3 price control, investors and financial professionals can expect further developments in its infrastructure and financial strategies [2].

References:
[1] https://www.nationalgrid.com/national-grid-submits-planning-application-upgrade-electricity-network-between-norwich-and-tilbury
[2] https://www.proactiveinvestors.co.uk/companies/news/1077365/national-grid-says-ofgem-draft-determination-not-generous-enough-1077365.html