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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  National Grid plc    NG.   GB00BDR05C01

NATIONAL GRID PLC (NG.)
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National Grid : to Present the “Not Impossible Ignition Award” to OffGridBox

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01/03/2018 | 06:51pm CEST

National Grid will recognize OffGridBox with the "Not Impossible Ignition Award" at CES®(Consumer Electronics Show) in Las Vegas on January 11, 2018. The Not Impossible Awards celebrate the work and stories of people who exemplify innovation in technology. OffGridBox is a modular, compact unit that provides renewable energy and treated water in off-the-grid areas. They will be one of five recipients to receive the award and the only business recognized for their strides in the energy industry.

"OffGridBox is doing impressive work [through their power grid backup and rural electrification projects] around the world to ensure sustainable, reliable electricity," said Dean Seavers, US President, National Grid. "We share similar core values and are proud to support an organization [finding innovative ways] to improve lives and do the right thing."

Each Not Impossible Award winner will receive mentorship and resources to incubate and accelerate their work. They will also have access to strategic partnerships across the Not Impossible network comprised of leaders from a diverse group of industries and backgrounds.

"We are honored to receive this award from Not Impossible and National Grid," said Emiliano Cecchini, Founder and CEO, OffGridBox. "OffGridBox and National Grid have similar missions to deliver access to cleaner energy in an affordable way. At OffGridBox, we are dedicated to finding innovative means of providing basic services like connectivity and clean water to the billions of people who need them and we are thrilled to receive support from likeminded organizations."

To learn more about the Not Impossible Award ceremony and other honorees, please visit: http://www.notimpossible.com/awards.

About National Grid

National Grid (LSE: NG; NYSE: NGG) is an electricity, natural gas, and clean energy delivery company that supplies the energy for more than 20 million people through its networks in New York, Massachusetts, and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.

National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Read more about the innovative projects happening across our footprint in The Democratization of Energy, an eBook written by National Grid's US president, Dean Seavers.

For more information please visit our website. You can also follow us on Twitter, watch us on YouTube, friend us on Facebook, find our photos on Instagram.

CONTACT: Media Relations - 781-907-3980

Copyright 2018, 3BL Media LLC, source CSRWire

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Financials (GBP)
Sales 2019 15 443 M
EBIT 2019 3 336 M
Net income 2019 1 923 M
Debt 2019 25 374 M
Yield 2019 5,72%
P/E ratio 2019 14,73
P/E ratio 2020 13,89
EV / Sales 2019 3,46x
EV / Sales 2020 3,39x
Capitalization 28 133 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 9,28  GBP
Spread / Average Target 12%
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Managers
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John Mark Pettigrew Chief Executive Officer & Executive Director
Peter Oliver Gershon Non-Executive Chairman
Andrew Jonathan Agg Chief Financial Officer
Adriana Karaboutis Chief Information & Digital Officer
Paul Golby Independent Non-Executive Director
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