National Grid Electricity Distribution (South West) plc, founded in 1990 and headquartered in the South West region of the UK, serves as a critical distributor of electricity across its service area. The company operates and maintains the electrical infrastructure, ensuring reliable power supply to homes and businesses, and plays an integral role in the UK's energy transition towards sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PPL 1.54% 2053-12-01 GBPNational Grid Electricity Distribution (South West) plc | United Kingdom | 2053-12-01 | 1.541 | 3.77 |
| PPL 2.38% 2029-05-16 GBPNational Grid Electricity Distribution (South West) plc | United Kingdom | 2029-05-16 | 2.375 | 4.68 |
| PPL 5.88% 2027-03-25 GBPNational Grid Electricity Distribution (South West) plc | United Kingdom | 2027-03-25 | 5.875 | 4.60 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company has a notable history of bond issuances beginning with its inaugural bond in 2005, aimed at financing network improvements and expansion. Recent significant issuances include the 2022 £500 million green bond, which emphasizes its commitment to sustainable energy projects, currently yielding around 3.8%, competitive within the industry. National Grid Electricity Distribution offers fixed-rate bonds, and it has received positive ratings from major credit agencies, reflecting its strong financial stability and creditworthiness, making its bonds attractive to retail investors.