Linklaters and Herbert Smith have taken lead roles on National Grid's £3.3bn rights issue as the energy giant gears up for a major programme of investment. The proceeds of the rights issue will allow National Grid to replace ageing assets, strengthen its infrastructure and upgrade UK networks to allow access to renewable sources of energy.
May 20, 2010 at 09:35 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters and Herbert Smith have taken lead roles on National Grid’s £3.3bn rights issue as the energy giant gears up for a major programme of investment.
The proceeds of the rights issue will allow National Grid to replace ageing assets, strengthen its infrastructure and upgrade UK networks to allow access to renewable sources of energy.
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