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In pair of multi-billion dollar deals, National Grid and PPL rearrange their utility businesses
Welcome to NEPOOL, PPL.
PPL will also acquire National Grid's Rhode Island utility business, the Narragansett Electric Company, for an equity value of $3.8 billion.
I look forward to your contributions as NEPOOL discusses possible pathways forward in New England; https://nepool.com/wp-content/uploads/2021/01/NPC_20210107_Felder_Report_on_Pathways_rev1.pdf
In pair of multi-billion dollar deals, National Grid and PPL rearrange their utility businesses
PPL is selling its U.K.-based utility business for about $11 billion while acquiring National Grid's Rhode Island utility business for $3.8 billion.
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