We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close

registration required

or
for more website access

This content can only be viewed by subscribers and registered users of Investors Chronicle.

Subscribe or register free today

National Grid faces $1bn Superstorm Sandy bill

The UK's largest listed energy utility, National Grid (NG), could shock investors tomorrow as it is expected to provide more detail on the clear-up bill after Superstorm Sandy. Angelos Anastasiou, director of utility research at broker Seymour Pierce, said: "A billion dollars is not beyond the bounds of reason, it could be that much". Investors Chronicle was awaiting a response from National Grid at the time of going to press.

registration required

visible-status-Standard story-url-NationalGrid_News_28012013.xml

By John Ficenec,
28 January 2013

Print this article
Comments

Related Companies

Register today and get...

Register today and get...
Please note terms & conditions apply