National Grid Electricity Distribution (South Wales) plc, founded in the early 2000s, operates from its base in South Wales, aimed at providing reliable electricity distribution services to its region. The company is primarily involved in the distribution of electricity, ensuring efficient and safe delivery to homes and businesses while maintaining a commitment to sustainability and innovation in the energy sector.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PPL 0.01% 2029-03-14 GBPNational Grid Electricity Distribution (South Wales) plc | United Kingdom | 2029-03-14 | 0.010 | 2.26 |
| PPL 1.63% 2035-10-07 GBPNational Grid Electricity Distribution (South Wales) plc | United Kingdom | 2035-10-07 | 1.625 | 5.35 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company made its initial foray into bond issuances shortly after its establishment, focusing on financing infrastructure improvements and supporting regional energy projects. A notable issuance occurred in 2018, where it raised £200 million to enhance its distribution network, with current yields indicating a competitive position relative to the industry average. Bonds issued typically feature a fixed interest rate, contributing to stable returns for investors, while recent news highlights ongoing discussions regarding green bond opportunities to align with environmental goals.