Yahoo! Finance
Summary
National Grid today announced plans to invest an estimated $75 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 represents an increase of more than 60% on National Grid's investment in the region in the last five years. Today's announcement makes National Grid one of the biggest investors in the energy transition in the Northeast and demonstrates the company's commitment to help both states achieve their climate goals and deliver economic growth.
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