National Grid Taps Shareholders to Help Fund 60bn Low Carbon Energy Switch


Infrastructure firm raises £6.8bn to connect homes to renewable energy sources across US and UK
The Guardian Renewable Energy 12:53 pm on May 23, 2024


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The Guardian reports National Grid engaging shareholders for $60bn to fund a low-carbon energy transition.

  • Shareholder investment: Seeking $60bn from National Grid shareholders.
  • Low-carbon focus: Aimed at transforming the UK's energy system for sustainability.
  • Guardian article source: The Guardian outlines plans and objectives.
  • Future implications: Potential shift towards renewable energy and carbon reduction strategies.
  • Stakeholder engagement: Shareholders invited to participate in the funding initiative.
Categorized Text: Renewable policy and incentives
https://www.theguardian.com/business/article/2024/may/23/national-grid-taps-shareholders-to-help-fund-60bn-low-carbon-energy-switch

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