National Grid Buys U.K’s Largest Network for $11 Billion
National Grid Plc agreed to acquire PPL Corp.’s distribution grid business in the U.K. for 7.8 billion pounds ($10.9 billion), a move that will transform the company as it prepares for a low-carbon future. At the same time, the network manager agreed to sell The Narragansett Electric Company in the U.S. to PPL for an […]
