National Grid to invest £35bn over next five years
National Grid is planning to invest a record £35bn over the five years to 2031 on upgrading and extending the transmission network.
Setting out details of the record investment plan this morning, National Grid will invest over £11bn to maintain and upgrade existing networks, alongside construction works for the first three of its Accelerated Strategic Transmission Investment (ASTI) projects where project assessments have been approved.
A further £24bn will be directed at a
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