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Evening Standard
Evening Standard
Business
Holly Williams

UNBELIEVABLE: National grid outlines unprecedented 35bn investment plans - Caught on Camera

National Grid has outlined ‘unprecedented’ plans to invest £35 billion (Gareth Fuller/PA) - (PA Archive)

National Grid has outlined “unprecedented” plans to invest £35 billion in its electricity-transmission business over the five years to March 2031.

The FTSE 100-listed energy infrastructure group said the investment includes around £11 billion to maintain and upgrade existing networks and about £24 billion for pipeline investment, including £15 billion to increase network capacity.

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