National Grid PLC Mergers and Acquisitions


National Grid PLC

1-3 Strand
London WC2N 5EH
United Kingdom
Tel:44/ 207 004 3000
URL: http://www.nationalgrid.com
Formerly known as:
The National Grid Group plc
National Grid Transco plc
Primary Symbol & Exchange:
NG - Ordinary Shares - London
Other Symbol & Exchange:
NGG - ADR - New York Stock Exchange
Industry:
Utilities
National Grid PLC Company Snapshot

National Grid PLC Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

National Grid PLC M&A History


TIM Participacoes SA acquires Intelig Telecomunicacoes Ltda from National Grid PLC (pending) TIM Participacoes SA acquires  Intelig Telecomunicacoes Ltda from National Grid PLC (pending)Feb 12, 2009

BRAZIL - TIM Participacoes SA {Tim}, a unit of Telecom Italia SpA's TIM Cellular SA subsidiary, agreed to acquire Intelig Telecomunicacoes Ltda, a Rio de Janeiro based- provider of telecommunication services, from Docas Investimentos SA, for BRL ###. ## mil

National Grid PLC seeking buyer for National Grid PLC-Dynevor National Grid PLC seeking buyer for National Grid PLC-DynevorNov 04, 2008

UK - In November ####, National Grid PLC, a London-based electric utility company, announced that it was seeking a buyer for its Dynevor liquefied natural gas storage business.

TransCanada Corp acquires National Grid PLC-Ravenswood from National Grid PLC TransCanada Corp acquires National Grid PLC-Ravenswood from National Grid PLCAug 26, 2008

US - TransCanada Corp acquired the ####-MW Ravenswood generating station, located in New York, of National Grid PLC (NG), an electric utility and holding company, for $#.# bil in cash. The transaction had been subject to regulatory approval. Originally

Docas Investimentos SA acquires Intelig Telecomunicacoes Ltda from National Grid PLC Docas Investimentos SA acquires  Intelig Telecomunicacoes Ltda from National Grid PLCJan 15, 2008

BRAZIL - Docas Investimentos SA acquired the entire share capital of Intelig Telecomunicacoes Ltda (IT), a provider of long distance telecommunication services, from National Grid PLC (##%) (NG), France Telecom SA (##%) (FT), and Sprint Nextel Corp (##%) (SN). Terms were

Germanischer Lloyd AG acquires Advantica Technologies Ltd from National Grid PLC Germanischer Lloyd AG acquires Advantica Technologies Ltd from National Grid PLCSep 04, 2007

UK - Germanischer Lloyd AG of Germany acquired Advantica Technologies Ltd (AT), a Leicester-based provider of oil and gas support services, from Lattice Group PLC (LG), a unit of National Grid PLC. Terms were not disclosed. Originally, in July ####

CitySpring Infra Trust acquires National Grid-Basslink Project from National Grid PLC CitySpring Infra Trust acquires National Grid-Basslink Project from National Grid PLCAug 31, 2007

AUSTRALIA - CitySpring Infrastructure Management Trust acquired the Basslink Interconnector Project (BI) of National Grid PLC (NG), an electric utility and holding company, for #.### bil Australian dollars (#.### bil Singapore dollars/$# bil US) in cash. Originally, in

National Grid PLC acquires KeySpan Corp National Grid PLC acquires KeySpan CorpAug 24, 2007

US - National Grid plc (NG) acquired all the outstanding common stock of Keyspan Corp (KC), a provider of natural gas distribution, electric and energy-related services, for $## in cash per share, or a total value of $#.### bil

National Grid Wireless US' SPV acquires National Grid Wireless US from National Grid PLC through a leveraged buyout National Grid Wireless US' SPV acquires National Grid Wireless US from National Grid PLC through a leveraged buyoutAug 16, 2007

US - National Grid Wireless US SPV, a SPV formed MC Venture Partners and Wachovia Capital Partners, acquired National Grid Wireless US, a provider of wireless infrastructure services, from National Grid PLC, for $### mil in cash, in a leveraged buyout transaction.

Arqiva Ltd acquires National Grid PLC-Wireless from National Grid PLC Arqiva Ltd acquires National Grid PLC-Wireless from National Grid PLCApr 03, 2007

UK - Arqiva Ltd, a unit of Macquarie Communications Infrastructure Group of Australia, acquired the wireless infrastructure business (WI), of National Grid PLC (NG), a London-based electric utility and holding company, for #.# bil British pounds ($#.### bil

National Grid USA acquires New England Gas-Rhode Island from Southern Union Co National Grid USA acquires New England Gas-Rhode Island from Southern Union CoAug 25, 2006

US- National Grid USA (NG), a wholly-owned unit of National Grid PLC, acquired the Rhode Island assets of New England Gas Co (NE), a provider of natural gas and a unit of Southern Union Co (SU), for $### mil

Investor Group acquires National-Wales & West Gas from National Grid PLC Investor Group acquires National-Wales & West Gas from National Grid PLCJun 01, 2005

UK- A consortium comprised of Macquarie European Infrastructure Fund, a unit of Infrastructure Trust of Australia Group's Macquarie European Infrastructure PLC subsidiary, including Macquarie Global Infrastructure Fund II, AMP Capital Investors, a unit of AMP Ltd's AMP Asset

Investor Group acquires National-Scotland & South from National Grid PLC Investor Group acquires National-Scotland & South from National Grid PLCJun 01, 2005

UK- A consortium comprised of Scottish & Southern Energy PLC, Borealis Infrastructure Management Inc, a unit of Ontario Municipal Employees Retirement Board and Ontario Teacher's Pension Plan Board, acquired the Scotland & South of England gas distribution network of National Grid

Gas Network Ltd acquires National-North of England from National Grid PLC Gas Network Ltd acquires National-North of England from National Grid PLCJun 01, 2005

UK - Gas Network Ltd, a consortium comprised and owned as to ##.#% by Cheung Kong Infrastructure Holdings Ltd, ##.#% by Li Ka Shing Foundation and ##% by United Utilities PLC, acquired the North of England gas distribution network

Gridcom acquires Tower Ventures II LLC-Commun from Global Signal Inc Gridcom acquires Tower Ventures II LLC-Commun from Global Signal IncOct 05, 2004

US - Gridcom, a unit of the National Grid Transco PLC's National Grid USA subsidiary, acquired the ## communication towers of Tower Ventures II LLC, an owner and operator of communication tower and a unit of Pinnacle Holdings Inc's

National Grid Transco PLC acquires Crown Castle UK Ltd from Crown Castle International National Grid Transco PLC acquires Crown Castle UK Ltd from Crown Castle InternationalAug 31, 2004

UK - National Grid Transco PLC (NG) acquired Crown Castle UK Ltd (CC) a Warwick-based provider of telecommunications services, from Crown Castle International Corp of the US, for #.### bil British pounds ($#.### bil US) in cash. Upon

Gridcom acquires Atlantic Western Consulting Gridcom acquires Atlantic Western ConsultingJul 24, 2003

US - Gridcom, a unit of the National Grid USA subsidiary of National Grid Transco PLC's National Grid Group PLC unit, acquired Atlantic Western Consulting, a provider of site development consulting services. Terms were not dislcosed.

Hutchison Network Services acquires 186K Ltd from National Grid PLC Hutchison Network Services acquires 186K Ltd from National Grid PLCDec 17, 2002

UK - Hutchison Network Services UK Ltd, a unit of Hutchison Whampoa Ltd, acquired ###K Ltd, fibre optic network business, from National Grid Transco's Lattice Group subsidiary for a nominal amount of # British pound ($#.## US). In September

National Grid Group PLC acquires Lattice Group PLC National Grid Group PLC acquires Lattice Group PLCOct 21, 2002

UK - National Grid Group PLC (NG) merged with Lattice Group PLC in a stock swap scheme of arrangement transaction valued at #.### bil pounds ($#.### bil). Lattice shareholders received #.### shares in the new entity, National Grid

Asset Investment Capital Ltd acquires The Leasing Group Ltd from National Grid PLC Asset Investment Capital Ltd acquires The Leasing Group Ltd from National Grid PLCOct 14, 2002

UK - Asset Investment Capital Ltd (AIC) acquired The Leasing Group Ltd (TLG), London-based provider of vehcile and plant leasing services, from Lattice Group PLC for ## mil pounds ($###.## mil). AIC also assumed ### mil pounds ($###.#

Investor Group acquires Silica Networks from National Grid PLC Investor Group acquires Silica Networks from National Grid PLCOct 01, 2002

ARGENTINA - A management-led investor group acquired Silica Networks (SN), a provider of broadband telecommunications services, from National Grid Group PLC (NGG). Terms were not disclosed. Previously, in November ####, NGG announced that it was seeking a buyer for an

National Grid PLC M&A Summary


National Grid PLC has made 13 acquisitions while taking stakes in 2 companies. National Grid PLC has 22 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008002
2007104
2006100
2005003
2004200
2003100
2002213
2001102
2000111
1999101
1998002
1997000
1996000
1995203
1994000
1993100
1992000
1991000
1990000
1989000
1988001
Total13222

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