National Grid North America Inc, established as a subsidiary of National Grid plc and headquartered in the U.S., primarily focuses on electricity and natural gas transmission and distribution. The company plays a critical role in providing energy to millions, ensuring reliable service through its extensive infrastructure across the northeastern United States.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
National Grid North America has been active in the bond market since its inception, issuing bonds to finance infrastructure improvements and capital expenditures. Notably, in 2021, the company launched a $1 billion green bond initiative aimed at supporting sustainable energy projects, with a yield competitive within the industry. The company's bond issuances feature strong covenants and have consistently attracted investor interest, reflecting National Grid's robust operational stability and commitment to sustainability.