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National Grid Commits to Investing $35 Billion in New York & Massachusetts to Meet Decarbonization Goals and Build a Stronger, Cleaner Grid
NGGNational Grid(NGG) Prnewswire·2024-05-23 10:45

Projects Across Northeast Will Harden Grid, Reduce Emissions and Deliver Benefits for Customers & Local Economies BROOKLYN, N.Y. and WALTHAM, Mass., May 23, 2024 /PRNewswire/ -- National Grid today announced plans to invest an estimated 75billionacrossthecompanysserviceterritoryintheUKandUSoverthenextfiveyears,withnearlyhalfofthefundingdedicatedtoUSenergysystemimprovementsinMassachusettsandNewYork.Thissignificantstepuptoapproximately75 billion* across the company's service territory in the UK and US over the next five years, with nearly half of the funding dedicated to US energy system improvements in Massachusetts and New York. This significant step up to approximately 35 billion* of investment repre ...