National Grid slammed for £4.2bn sale 'of the national silver' to foreign investor
National Grid has for decades been responsible for the pipes that funnel gas into homes across the UKNational Grid has been criticised for its sale of a large chunk of Britain’s gas pipeline infrastructure to foreign investors for more than £4bn.
National Grid will receive £2.2bn in cash for the deal, and £2bn in debt financing - and said the move would help it transition towards electricity, a key component of the UK's 2050 net zero goals.
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