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    NG.   GB00BDR05C01

NATIONAL GRID PLC

(NG.)
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National Grid : UK's National Grid says IFA Interconnector planned outage extended to Oct 23

09/20/2021 | 02:39pm EDT

Sept 20 (Reuters) - Britain's National Grid on Monday said a planned outage of 1000 MW of capacity at IFA interconnector in Sellindge in Kent has been extended until Oct. 23.

"The remaining 1000 MW is unavailable until March 27, 2022 and our investigation into the fire at our site in Sellindge is ongoing," the grid said in an update on its website https://www.nationalgrid.com/incidents.

Last week, the operator extinguished a fire at its IFA interconnector site in Sellindge, part of the connector that links the French and British power grids.

National Grid has four operational interconnectors – two to France (IFA and IFA2), one to the Netherlands (BritNed) and one to Belgium (Nemo Link). (Reporting by Bharat Govind Gautam in Bengaluru Editing by Chris Reese)


ę Reuters 2021
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Analyst Recommendations on NATIONAL GRID PLC
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Financials
Sales 2022 15 471 M 21 307 M 21 307 M
Net income 2022 2 375 M 3 270 M 3 270 M
Net Debt 2022 39 692 M 54 665 M 54 665 M
P/E ratio 2022 13,6x
Yield 2022 5,45%
Capitalization 33 377 M 46 007 M 45 969 M
EV / Sales 2022 4,72x
EV / Sales 2023 4,47x
Nbr of Employees 23 683
Free-Float 93,0%
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Mean consensus BUY
Number of Analysts 16
Last Close Price 922,80 GBX
Average target price 1 034,72 GBX
Spread / Average Target 12,1%
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Managers and Directors
John Mark Pettigrew Chief Executive Officer & Executive Director
Andrew Jonathan Agg Chief Financial Officer & Executive Director
Paula Rosput Reynolds Chairman
Adriana Karaboutis Group Chief Information & Digital Officer
Lisa M. Lambert Chief Technology & Innovation Officer
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