Northern Powergrid (Northeast) Plc, founded in 1990 and headquartered in the Northeast of England, serves as a leading electricity distribution network operator. The company is dedicated to delivering safe, reliable, and sustainable electricity to homes and businesses across its licensed area, playing a crucial role in the UK's energy infrastructure.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BRKHEC 1.88% 2062-06-16 GBPNorthern Powergrid (Northeast) Plc | United Kingdom | 2062-06-16 | 1.875 | 6.24 |
| BRKHEC 3.25% 2052-04-01 GBPNorthern Powergrid (Northeast) Plc | United Kingdom | 2052-04-01 | 3.250 | 6.30 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Historically, Northern Powergrid began issuing bonds in the mid-2000s to finance infrastructure improvements and expansion projects. Noteworthy issuances include a £350 million bond in 2017 with a 2.5% fixed interest rate, which was notable for its focus on advancing smart grid technology. Current bond yields remain competitive within the sector, reflecting the company's strong credit standing and commitment to investing in sustainable energy practices, fostering investor confidence in a rapidly evolving marketplace.