
National Grid Electricity Distribution (East Midlands) plc, founded in 1990 and headquartered in the East Midlands, serves the purpose of delivering electricity to millions of homes and businesses across the region. The company operates a vast electricity distribution network, ensuring reliable supply and facilitating connections for new customers while committing to enhancing the infrastructure to meet future energy demands.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PPL 3.53% 2028-09-20 EURNational Grid Electricity Distribution (East Midlands) plc | United Kingdom | 2028-09-20 | 3.530 | 2.74 |
PPL 3.95% 2032-09-20 EURNational Grid Electricity Distribution (East Midlands) plc | United Kingdom | 2032-09-20 | 3.949 | 3.30 |
PPL 5.75% 2040-12-10 GBPNational Grid Electricity Distribution (East Midlands) plc | United Kingdom | 2040-12-10 | 5.750 | 6.22 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, National Grid Electricity Distribution has actively engaged in the bond market to raise capital for its operations and infrastructure projects. The company began issuing bonds in the early 2000s, with notable issuances including a £300 million bond in 2020, designed to fund green energy initiatives. Currently, yields on their bonds are competitive within the utility sector, reflecting investor confidence despite market fluctuations. Recent news suggests an ongoing commitment to green financing, as the company explores sustainability-linked bonds to further align with environmental objectives.