NGG 📈 National Grid ADR - Overview

National Grid PLC ADR (NYSE:NGG) is a multi-utility company that plays a critical role in the transmission and distribution of electricity and gas. Its operations are segmented into several key areas, including UK Electricity Transmission, UK Electricity Distribution, and UK Electricity System Operator, which collectively oversee the transmission and distribution of electricity across England and Wales. The company's UK Electricity Transmission segment, for instance, provides high-voltage electricity transmission services, as well as construction work, to ensure the reliable delivery of electricity to homes and businesses. Additionally, its UK Electricity Distribution segment focuses on the distribution of electricity to specific regions, including the Midlands, South West of England, and South Wales.

Outside of the UK, National Grid PLC ADR has a significant presence in the northeastern United States, where it operates through its New England and New York segments. These segments provide a range of services, including electricity and gas distribution, as well as electricity transmission, to customers in these regions. The company's New England segment, for example, serves customers in Massachusetts, New Hampshire, and Rhode Island, while its New York segment serves customers in the state of New York. Furthermore, the company's National Grid Ventures segment is involved in the development and operation of transmission services, including electricity interconnectors and liquefied natural gas (LNG) importation facilities, such as the Isle of Grain terminal in the UK.

National Grid PLC ADR also has a smaller, but still significant, presence in other areas, including the leasing and sale of commercial property, as well as insurance activities in the UK. These activities are managed through its Other segment, which provides additional revenue streams for the company. With a history dating back to 1990, National Grid PLC ADR has established itself as a major player in the global energy industry, with a strong focus on delivering reliable, efficient, and sustainable energy solutions to its customers. The company is headquartered in London, UK, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol NGG, with a web presence at https://www.nationalgrid.com. Its common stock is classified under the GICS Sub Industry of Multi-Utilities, with an ISIN of US6362744095.