The deal, which was announced on 7 March 2019, has now satisfied all regulatory requirements and closing conditions. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.2 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> We’re taking another step towards net zero, with the launch of our newly branded renewable energy business across the United States. NGP focuses broadly on helping National Grid perform our core operations better and playing a central role in the global transformation of energy. But we also love ideas that don’t fit any existing category. Accounts . This interactive tool shows the real-time impact green energy exchange is having in delivering a cleaner energy system. ��ą��s�)2A�J\8���������C��x0$�p)�B�7��?L���qn/� ���wM�}��7e껩��*?���H|w�*PaL-���y�����o7�U��`z5��\-�h�����z�/8 o��4�저��Z�0�j/�E�:fG`�D�5���[ ��5��~���No&��/7ׯ����p��e��l"��1��-W�G���ɬ%)s�: f��&�#0��w� x5CH��k�ϲ_w!�M�E3�SE���&�l�:�K:�P;���o�m ���B�b=�u���1�1�Ɗi,�ܵ�]�!�K�:���!�����@9. 4 0 obj As Britain’s journey towards carbon neutrality gathers pace, National Grid have launched the Power of Now carbon dashboard. On 15 July 2019, National Grid, through its competitive non-regulated unit National Grid Ventures (NGV), completed its $100 million acquisition of Geronimo Energy - a leading wind and solar developer in North America. <>/Metadata 1553 0 R/ViewerPreferences 1554 0 R>> NGP focuses broadly on helping National Grid perform our core operations better and playing a central role in the global transformation of energy. ���k�����&l6�p~*m��x5���SaƢ�����~z] ��h�ꢭX��9T�9�y��_Y���3�l�����u桭��K�q��dj�f-tH����\TSi2$���+Z�&���M��w����͸º���@Y�x�� <> National Grid Ventures and other activities Overview of National Grid Interconnectors }Q t%�k[}5"�d#�m�8���R�Aj��wz@��5�ذ3�t���a��h0� Copyright © 2020 National Grid USA Service Company, Inc. All rights reserved. Here she tells us more about how the team is keeping its services going. With a $300 million technology investment fund, our portfolio already includes 24 investments, and 63% of the time we’ve been the lead investor in these deals. On 15 July 2019, National Grid, through its competitive non-regulated unit National Grid Ventures (NGV), completed its $100 million acquisition of Geronimo Energy - a leading wind and solar developer in North America. National Grid Ventures’ diverse portfolio of flexible, low carbon and renewable energy businesses across the UK, Europe and US includes sub-sea electricity interconnectors, liquefied natural gas, battery storage, wind and solar power. Following its European record for gas exports last year, our Grain LNG terminal is busier than ever, helping to keep the UK’s homes and businesses warm through the winter. Humber’s considerable existing resources, combined with ground-breaking Carbon Capture Usage and Storage (CCUS) technologies and the right support, can not only create a greener future but a more prosperous one too. A new report providing the most detailed assessment yet of how the UK can develop the world’s first zero carbon industrial cluster has been published. 13 Nov 19: On Wednesday 13th November 2019, National Grid Grain LNG, Europe’s largest liquefied natural gas (LNG) terminal, exported the highest ever amount of gas in a single day from any European terminal into the UK network. National Grid Ventures is a diverse portfolio of commercial energy businesses operating in competitive markets in the UK and the US. National Grid Partners has expertise and discipline in Incubation, Corporate Venture Capital, Innovation and Business Development. The portfolio comprises of long-term assets with a low risk profile and strong cash flows. The Viking Link interconnector project has reached a major milestone with the appointment of Balfour Beatty to handle onshore cable installation. You accept the use of cookies by continuing to browse the site or closing this banner. ~�/�V�Q���}�*qo��y�/Y�s�]HWb�V#{ּcf] z%6��4�eh����� �J,Y{3�-�� �J�W5ח,:����UUDmj�����w��߱��9R| endobj National Grid Ventures and Dutch Transmission System Operator TenneT have today (22 Sept), announced a cooperation agreement to explore the feasibility of connecting Dutch and British wind farms to the energy systems of both countries via subsea electricity cables called interconnectors. Below you can find the latest news and thought leadership from National Grid Ventures for its businesses in the UK and US. Catch up on some of the latest news from their US wind and solar projects here. [13 October] Grain LNG and Qatar Terminal Limited sign long-term agreement that will help to strengthen UK gas security of supply, National Grid Employee Co-Authors New Boston University Institute for Sustainable Energy Report on Transmission Value for Renewable Integration, National Grid and TenneT to jointly develop vision to link offshore wind farms to Britain and the Netherlands, National Grid’s Geronimo Energy Establishes Community Fund for 200 MW Crocker Wind Farm, National Grid starts construction on Viking Link, the world’s longest electricity interconnector, Why meters matter during the coronavirus crisis, Grain LNG receives 30 ships in three months, helping to secure the UK’s gas supply, South Dakota solar energy project set to generate 128MW of green power, £90m contract awarded to help build Viking Link interconnector, 200MW Crocker Wind Farm brings cleaner power online, How a month of green energy exchange is like planting one million trees, Grain LNG sets all-time record for gas send-out from a European terminal, Zero Carbon Humber Roadmap published to protect jobs and make major contribution to UK's climate goals, Why Zero Carbon Humber should lead UK efforts to tackle climate change, National Grid completes acquisition of Geronimo Energy. New report, co-authored by National Grid’s Kai Van Horn and two experts from The Brattle Group, shows the substantial value of diversifying renewable generation through the transmission system. stream AI & Analytics, Cloud, IoT, Smart Grid, and Security are all of interest to us. Founded in 2018, National Grid Partners is the corporate venture arm of National Grid. endobj The firm focuses on innovation, incubation, corporate venture capital and business development providing a multi-functional approach to change the status quo. Welcome to National Grid, providing New York, Rhode Island and Massachusetts with natural gas and electricity for homes and businesses. 1 0 obj x��}[�#���"�����U���'²�9�%�+��ؐ����̴�M�a�g���7���_&P�U5�T���;u�TH�=��z��~���N>��7�����f�̛�Q�(5q���$X5�z�Y~�џ5Y}��'/�u����&o�M��N������Ϗ?�|F�r���՘&�(�Ze���Z?��"��ع��������v����������7v"��V�5���C��� }��G�l�qZ��m7�V�yd���]��S�L�&?��J�ƣ���o�TMB�fn ���~:Hw��k��'���|��/~;i��?&��K��%�v�ډn1c�-o��D��Pi�C܄�Ff`�?}EP}�&JO^�za����.��F�M����kC�۩x'����o^~����/V�g�M��fz��뙝n&�JO�Yޠi������d��g2�ߓW�����^��wn�����)���=>��}5K�4S�QS���(�{g���b�M�|��b�v2]�^�����3�Ƕo�\0sc�I���&��׳HӢm�����7�'c�L&��w��ɼ�`����wu�W��. 3 0 obj Geronimo Energy, a National Grid company, has established an estimated $800,000 Community Fund for its 200 MW Crocker Wind Farm in South Dakota. National Grid created NGP to ‘disrupt itself’ and advance the energy systems of tomorrow. People for NATIONAL GRID VENTURES LIMITED (08116497) More for NATIONAL GRID VENTURES LIMITED (08116497) Registered office address 1-3 Strand, London, WC2N 5EH . x�ҕ�B������,���D��T0�J���0��� ��=�s��J��}>��VU�ؖD݋���@W� ���v�`"���s��\@�Yު`�xv�0wႳN��-;q��y_�HT-.�h����6?�m����)���x:^U��uК.��л�ѕ�� National Grid’s Grain LNG and Qatar Terminal Limited (QTL), a subsidiary of Qatar Petroleum, have today (13 Oct) announced a 25-year agreement that will provide the Qatari company with storage and redelivery capacity at Grain LNG from mid-2025. NGP is dedicated to creating a smarter, renewable future. But what sets us apart is the backing by the National Grid brand, our unique investment strategy and approach towards innovation. National Grid Partners has grown its portfolio to 18 companies in 12 months, as the utility steps further into the clean energy sector. But we also love ideas that don’t fit any existing category. This includes investing in seed-stage and mature startups at the intersection of energy and emerging tech; launching new businesses from scratch, and infusing an entrepreneurial culture into National Grid. Learn about who we have invested in to date. National Grid subsidiary Geronimo Energy has announced that its Crocker Wind Farm has started commercial operations, bringing clean energy to local industry as well as new opportunities for surrounding communities. The deal, which was announced on 7 March 2019, has now satisfied all regulatory requirements and closing conditions. National Grid’s Ventures business is continuing its work, on both sides of the Atlantic, to accelerate our clean energy future. Along with existing partnerships and joint ventures, National Grid Ventures has a great platform from which to turn challenges into opportunities, supporting the future growth and success of National Grid. Wild Springs will provide clean power and community benefits for years to come. endobj %PDF-1.5 Abby and her colleagues in National Grid Metering are helping to make sure that gas supplies for 9 million residential and commercial customers continue, even if their meter fails. As part of our series on the people working hard to keep the lights on and the gas flowing, meet Abby Cardall. National Grid’s Viking Link infrastructure project marks a major milestone with Siemens Energy Ltd, as the construction of the world’s longest electricity interconnector begins, representing a significant step in the UK’s journey to net zero. %���� <> Find out how this will contribute to the US energy landscape. Geronimo Energy, a National Grid company, has announced a power purchase agreement with Basin Electric Power Cooperative for a major new solar energy project in South Dakota. The Fund will support communities surrounding this clean energy project. NGP is dedicated to creating a smarter, renewable future. �]����ًE�;�&�UW��V��%ǙP�T�ӕ��%�.\��Fb�+��M%&l]���~? 2 0 obj AI & Analytics, Cloud, IoT, Smart Grid, and Security are all of interest to us. Company status Active Company type Private limited Company Incorporated on 22 June 2012.

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