National Grid PLC ADR
NGG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| kQK | LOCK|X^q?% | LOCK|l<syGV |
National Grid: USD 1.75 Billion Investment for US Data Center Power Exposure; Shares Attractive
National Grid announced on July 1 that it agreed to invest USD 1.75 billion through National Grid Ventures for a 35% stake in Joulent, a newly launched, Texas-based energy infrastructure developer providing integrated power solutions for data centers.
