Macquarie considers Cadent stake sale

Macquarie Asset Management, with a 26% holding in Cadent, is in early stages of exploring a potential sale of less than 5% of its stake in the company

Potential takeover of UK gas grid ‘raises concerns’

Australian banking firm Macquarie could reportedly take full control of the UK’s gas grid in a £3 billion deal

‘The backbone of energy in the UK is gas’

So how can the pipes be restructured to fuel a greener future?

National Grid doubles emergency planning exercise amid energy crisis

The National Grid has doubled its annual emergency gas shortage drill from two to four days

Is the UK mulling plan to cut pipelines to EU in a gas supply emergency scenario?

National Grid may reportedly cut off pipelines to the Netherlands and Belgium if the UK is hit by extreme shortages

New independent body launched to overlook energy networks

The FSO will work with the ESO and NGG to review and improve existing electricity and gas infrastructure

National Grid strikes £7.8bn deal to take over Western Power Distribution

The firm also unveiled plans to start the process of selling of a majority stake in National Grid Gas later this year

National Grid Gas fined £4m for handing over incomplete records

The Health and Safety Executive found records on 769 buildings were missing, which meant gas risershad not been subject to condition surveys, inspection or routine maintenance for a number of years

Ofgem squeezes transmission companies

Ofgem has told transmission companies to keep customers’ bills low this coming year. Announcing a new deal for transmission price control it said no more than an additional £2.27 could be added to a gas bill and £1.10 to the average electricity bill between now and April 2013. The four transmission operators who own the […]