Company: NEWEN
Filing Date: 2025-08-14
Form Type: 6-K
Source: 0001654954-25-009538
Chunk: 1

Company: NATIONAL GRID PLC
Filing Date: 2025-08-14
Form: 6-K
Chunk 1
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 our business and focus on networks, as announced in May 2024.

The terms of the transaction comprise total proceeds of c.£1.66 billion, including a pre-completion dividend. The final consideration will be subject to certain completion adjustments.

Completion of the transaction will be subject to customary government and regulatory approvals. Subject to these clearances, National Grid expects that the transaction will complete later this year.

John Pettigrew, CEO of National Grid plc, said: " Today's announcement of the sale of Grain LNG marks another successful step in delivering National Grid's previously communicated strategy to streamline our business and focus on networks, and follows the completion of the sale of our NG Renewables business in May 2025."

#### About Grain LNG
Grain LNG, comprising two wholly owned subsidiaries of National Grid (National Grid Grain LNG Limited and Thamesport Interchange Limited), owns and operates the UK's largest LNG importation terminal under long term take or pay contracts, playing an important role in securing UK gas supply.

#### About National Grid plc
National Grid lies at the heart of a transforming energy system, spanning the UK and the US. Our businesses supply gas and electricity, safely, reliably and efficiently to millions of customers and communities.

We are delivering The Great Grid Upgrade - the largest overhaul of the UK grid in generations, building the Upstate Upgrade, the largest investment in New York's electricity transmission network for over a century, and delivering our innovative electric sector modernisation programme in Massachusetts.

As one of the largest investor-owned energy companies in the world, National Grid is committed to delivering secure, affordable and clean energy to homes and businesses, and is one of the FTSE's largest investors in the energy transition.

Enquiries and contacts

| Investors and Analysts 
 Tom Edwards            
 +44 (0) 7976 962 791   
 Cerys Reece            
 +44 (0) 7860 382 264   | Media                               
 Joshua Atkins          +44 (0) 7933 
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CAUTIONARY STATEMENT

This announcement contains certain statements that are neither reported financial results nor other historical information. These statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include information with respect to National Grid's (the Company) financial condition, its results of operations and businesses, strategy, plans and objectives. Words such as 'aims',