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GRI News27 articles
Dominion Energy Outage Resolved Amid Major Grid Investment Push
Dominion Energy has restored service following a brief outage affecting approximately 1,000 customers in Norfolk, Virginia. The incident comes as the utility is executing a massive $64.7 billion capital spending program to expand grid capacity.
SSE Executives Acquire Shares Ahead of Major Grid Investment Phase
SSE PLC disclosed that CEO Martin Pibworth and six other senior executives acquired shares through the company's all-employee plan ahead of a closed period. The move comes as SSE embarks on a £33 billion, five-year grid investment program.
UK Regulator Backs SSE's Early Grid Investment in Scotland
Britain's energy regulator Ofgem has signaled support for SSE's request for early construction funding on eight major Scottish transmission projects, potentially allowing accelerated spending ahead of final approvals.
GE Vernova Secures Major Italian Wind Contract, Expands Grid Component Plant
GE Vernova has secured a contract to supply 17 onshore wind turbines for a project in southern Italy, with deliveries starting in 2027. Concurrently, the company is investing $30 million to expand its electrification component plant near Milan.
National Grid Awards £3 Billion in Contracts for Major UK Power Link
National Grid has finalized contracts worth approximately £3 billion for its Eastern Green Link 3 project, with NKT securing a record €2.2+ billion cable order. The 680 km link aims to be operational by 2033.
GE Vernova Gains on Italian Wind Deal and $30M Grid Plant Investment
GE Vernova's stock advanced following new Italian contracts for wind turbines and grid equipment, alongside a $30 million manufacturing expansion near Milan.
National Grid Gains on £3bn Green Link Deal, Focus Shifts to Strategy
National Grid shares rose slightly in early trading following the award of nearly £3 billion in contracts for a major power link project. Market attention is now on the company's strategic execution and upcoming financial results.
National Grid Shares Slide 3% After Unveiling £70bn Capital Plan
National Grid shares declined 2.8% to 1,361.5p in early London trading, underperforming the broader utilities sector. The drop came after the company detailed an expanded £70 billion capital investment strategy.
National Grid Shares Slide After Outlining £70bn Investment Strategy
National Grid shares declined approximately 2.8% in early London trading after the company detailed an expanded £70 billion capital investment plan through FY31 and agreed to new regulatory price controls.
SSE Gains on UK Grid Settlement, Eyes Full-Year Results
SSE's stock advanced after its SSEN Transmission business agreed to Ofgem's RIIO-T3 regulatory settlement. The company is progressing 11 major grid projects, with 75% of key consents secured.
SSE Gains on Ofgem Grid Settlement, Eyes Full-Year Results
SSE's stock advanced following its SSEN Transmission unit's acceptance of Ofgem's RIIO-T3 regulatory settlement. Investors now shift focus to the company's upcoming full-year financial results.
National Grid Boosts Earnings Outlook and Unveils £70 Billion Investment Plan
National Grid's stock advanced as the company increased its 2027 adjusted EPS growth target to 13%-15% and committed to at least £70 billion in capital expenditure by the 2031 fiscal year.
National Grid Boosts Outlook, Unveils £70 Billion Investment Plan
National Grid shares advanced after the company increased its 2027 earnings per share growth target and detailed a significant £70 billion capital expenditure program extending to 2031.
SSE Shares Dip as Grid Spend and Rate Outlook Weigh on Sentiment
SSE PLC shares declined in early Thursday trading, paring recent gains as the market assessed the utility's substantial capital expenditure plans against evolving interest rate forecasts.
National Grid Shares Retreat as UK Rate Cut Expectations Intensify
National Grid shares declined in early London trading, extending losses after UK inflation slowed to 3.0% in January, bolstering expectations for a Bank of England rate cut. The utility stock remains sensitive to shifting gilt yields.
SSE Awards Major Subsea Cable Contracts in £950m Scottish Grid Upgrade
SSE has named five contractors for a framework worth up to £950 million to modernize subsea power links to Scottish islands. The utility's shares held steady near recent highs following the announcement.
National Grid Shares Dip as UK Inflation Eases, BoE Rate Cut Bets Intensify
National Grid shares declined in early trading after UK inflation data showed a slowdown to 3.0% in January, reinforcing market bets on an imminent Bank of England rate cut.
National Grid Shares Edge Higher Ahead of Key UK Economic Data
National Grid shares advanced 0.5% to 1,380 pence, supported by shifting rate expectations ahead of critical UK labor market and inflation figures this week.
Constellation Energy Soars on Grid Plan, Data Center Deals
Constellation Energy shares jumped 4.5% to $288.43, extending a 10% rally from early February. Trader focus is on a PJM Interconnection grid plan and new data-center power supply deals.
GE Vernova Shares Dip Ahead of Holiday, Wind Losses Offset Grid Demand
GE Vernova shares declined 1.77% to $802.13 on Friday, retreating from recent highs ahead of the Presidents Day market closure. The company balances robust orders for gas turbines and grid infrastructure with persistent challenges in its wind segment.
Nuvama Highlights BPCL, Power Grid, SAIL as Key Technical Buys
Analyst Aakash K Hindocha identifies three public sector stocks with strong breakout patterns and defined price targets for February 12, 2026.
National Grid Shares Hold Steady Amid Regulatory Watch and Infrastructure Milestone
National Grid shares showed minimal movement as the company completed a key grid upgrade project. Investor focus remains on Ofgem's upcoming RIIO-3 license decision and UK interest rate volatility.
Morgan Stanley Gains on Grimes Appointment, Markets Eye Economic Data
Morgan Stanley shares advanced nearly 2% after the bank reinstated veteran dealmaker Michael Grimes to lead investment banking. Investors are monitoring upcoming U.S. jobs and inflation reports for market direction.
National Grid Gains Amid Sterling Weakness, Bond Yield Focus
National Grid shares advanced 0.31% to 1,289p, nearing a 52-week high, as the FTSE rose 0.23%. Sterling fell following political uncertainty, impacting rate expectations ahead of the utility's May results.
Agricultural Bank of China Shares Decline Ahead of Inflation Data and Holiday Closure
Agricultural Bank of China's A-shares fell 0.45% as broader markets retreated, with investors focused on upcoming CPI figures and the Spring Festival trading halt.
National Grid Extends Winning Streak as Rate Cut Hopes Buoy Utilities
National Grid shares rose for a sixth consecutive session, closing near a 52-week high at 1,285p. Investors are eyeing potential Bank of England rate cuts and upcoming UK economic data.
Agricultural Bank of China Shares Dip Amid Tech Sell-Off, Inflation Data Looms
Agricultural Bank of China's A-shares fell 0.45% to 6.67 yuan as a global tech rout and silver futures decline weighed on risk appetite. Markets await China's January CPI data due February 11.