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National Grid Investor Day
LONDON, October 8 /PRNewswire/ -- National Grid said that it was fully funded, despite the current financial crisis, and that its annual investment plan would be increased to GBP3bn and maintained at that level for the foreseeable future. Speaking at the National Grid Investor Day on October 7th 2008, Steve Holliday, Chief Executive, said: "This is a very good business, very secure returns, very secure cash flows and a business that is growing. So it's safe and growing and that's a great combination actually, not just in a market in which things are very uncertain, it's a great combination in any market." In an interview with Cantos focusing on the Transmission and Electricity Distribution businesses, Steve Holliday, Tom King, Nick Winser and Steve Luca explain the company's capital investment plans and its strong financing track record. They provide an update on how they are working alongside regulators on both sides of the Atlantic to meet the challenges presented by climate change and security of supply. Mike Anderson, the Director General of the Department for Energy and Climate Change, is also interviewed. It's free to view. All you need to do is register at http://www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44-207-936-1333.
