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National Grid is to shed up to 300 jobs at offices in Newcastle, Warwick and Northampton, in order to outsource finance and human resources work to Tata Consultancy Services of India. 12-Oct-2009 National Grid is in discussions with Statnett about proposals to build a £1bn electricity interconnector cable between Norway and an unspecified location on the English coast. 07-Oct-2009 National Grid has announced plans to increase its investment in the upgrade of its power network by £2bn a year over the next three years. 18-May-2009 National Grid is planning to build a £2bn carbon transport and storage network around the Humber estuary, in order to pipe carbon dioxide emissions from power stations for storage under the North Sea. 11-Feb-2009 National Grid is considering plans to outsource its invoicing and payroll functions, which could affect up to 150 jobs at the Quorum Business Park in North Tyneside. 02-Feb-2009 National Grid is planning to invest more than £3bn a year upgrading its gas and electricity networks in the UK and the US over the next four years. 06-Oct-2008 National Grid is considering plans to install £5bn subsea cables from northern Scotland to the Thames and Severn estuaries, in order to transmit electricity from wind farms and other renewable energy schemes. 19-May-2008 National Grid is planning to invest about £10bn in UK gas networks, pipelines and electricity networks over the next five years, and a further £6bn will be spent in the US. 19-Nov-2007 National Grid is considering plans to sell off its £800m property division, which includes 554 buildings, 3,000 acres of land and 80 staff. 13-Sep-2007 National Grid is to proceed with plans to build a £410m 1,000MW undersea power cable between the Isle of Grain and the Netherlands by 2010, and has also announced plans to generate electricity from waste heat produced by its gas network. 23-May-2007 National Grid is to sell its UK Wireless business, which provides network infrastructure to mobile operators, to Macquarie UK Broadcast Ventures for £2.5bn. 04-Apr-2007 National Grid is planning to demerge or sell its wireless infrastructure business, including mobile phone masts and broadcasting operations valued at more than £1.5bn. 20-Nov-2006 National Grid is seeking permission to invest £60m at the St Fergus gas terminal in Aberdeenshire, in order to install two electric-powered compressors. 22-Aug-2006 National Grid has agreed to acquire KeySpan, the US gas distribution company, for £4.2bn. 27-Feb-2006 National Grid is to acquire the Rhode Island gas distribution business from US-based Southern Union Company for £285m. 17-Feb-2006 National Grid is to increase expenditure on gas and electricity infrastructure from £1.5bn to £2bn a year over the coming years, including a £800m investment in two gas projects in Milford Haven and the Isle of Grain. 21-Nov-2005 National Grid has announced proposals for a multi-million pound 115-mile gas pipeline from Felindre, near Swansea, to Tirley in Gloucestershire, with construction work starting in 2007. 28-Oct-2005 National Grid Transco is planning to drop Transco from its name, and a new logo will be unveiled later this month. 16-Jun-2005 National Grid Transco is to invest £355m in the expansion of the Isle of Grain terminal in Kent by 2008, in order to increase imports of liquefied natural gas. 04-Apr-2005 National Grid Transco is to shed 190 jobs at its Killingworth call centre in Newcastle upon Tyne, in order to transfer work to sites in the Midlands. 06-Oct-2004 National Grid Transco has sold its four regional gas pipeline businesses for £5.8bn, with Scottish & Southern acquiring networks in Scotland and the south of England, Cheung Kong acquiring the north and Macquarie acquiring the west and Wales. 01-Sep-2004 National Grid Transco is to acquire Crown Castle UK, the owner of 3,500 mobile phone masts and 750 broadcasting towers, for £1.1bn. 29-Jun-2004 National Grid Transco is inviting tenders for gas network replacement contracts worth up to £500m over seven years. 03-Dec-2003 National Grid Transco is looking to sell up to four of its regional gas pipeline networks, including operations in the south, the north, the west, Scotland and Wales. 17-Nov-2003 National Grid Transco is said to be seeking potential bidders for some of its local gas pipeline networks, and an auction could raise up to £5bn. 04-Aug-2003 Statnett is seeking permission from the Norwegian Petroleum & Energy Ministry to exchange electricity between Norway and the UK, which could lead to the development of a £700m underwater power cable in partnership with National Grid Transco. 13-May-2003 National Grid Transco has sold its lossmaking 186k telecoms business to Hutchison Whampoa for a nominal sum. 18-Dec-2002 National Grid has announced plans to relocate its headquarters and about 600 staff from Coventry to the Warwick Technology Park next summer. 12-Nov-2002 National Grid and Lattice are planning a £15bn merger to create a combined gas and electricity group called National Grid Transco. 23-Apr-2002 National Grid International is seeking permission to build a multi-million pound converter station on 200 acres of land at Hawthorn Colliery in east Durham, which would export any surplus power to Norway through undersea cables. 04-Jan-2002 National Grid is looking to sell its Latin American telecoms interests, while its one-third stake in Energis will be put up for sale in the future. 21-Nov-2001 National Grid has agreed to install radio antenna for Hutchison 3G's mobile phone network on up to 1,000 of its electricity pylons. 08-Oct-2001 National Grid is planning to invest up to £1.6bn in the US having won a contract to manage the new Alliance Regional Transmission Organisation, which covers power lines in 11 eastern states. 29-Aug-2001 National Grid is forming a joint venture with Statnett to build a 450-mile sub-sea electricity interconnector between the UK and Norway by 2005, at a cost of up to £500m. 21-May-2001 National Grid is to open up the 2,000MW electricity interconnector between England and France to competition from next April, which will involve the auction of 50MW blocks. 11-Dec-2000 Logica is acquiring Esis and Energy Pool Funds Administration from National Grid for £38m. 22-Nov-2000 National Grid is to acquire Niagara Mohawk, the New York state electricity company, for £2bn, which will double the size of its US business. 05-Sep-2000 National Grid is investing £40m in a new joint venture project to build a fibre-optic link across the Andes, which could lead to the development of a new telecoms network across South America. 24-May-2000 National Grid is linking up with Nordpool to develop an online electricity and gas trading market called the UK Energy Exchange, with the creation of an unspecified number of new jobs at the Nottingham office of its ESIS division. 20-Mar-2000 National Grid has won US regulatory approval to acquire New England Electric System for £2bn. 17-Mar-2000 National Grid has awarded a £12m contract to Balfour Kilpatrick to upgrade 79km of transmission line in the Pennines. 16-Mar-2000 National Grid has won a £200m contract to build and operate the Basslink electricity interconnector project across the Bass Strait in Australia. 01-Mar-2000 National Grid is to sell 30m Energis shares in order to reduce its stake in the telecoms business to 36% and raise about £825m to fund acquisitions and a buy-back of its own stock. 10-Feb-2000 Energis and National Grid have won a licence to supply fixed line telecoms services in Poland, as part of a consortium with the Polish Railway Company and Poland Telecoms Operator. 28-Jan-2000 National Grid is seeking permission to connect its network to Wainstone Power's proposed new gas-fired generating station at Langage near Plymouth. 21-Jan-2000 National Grid is considering plans to set up a £500m 800MW electricity cable link between the UK and Norway. 26-May-1999 National Power and the Manx Electricity Authority are to lay a £45m undersea power cable between England and the Isle of Man, which will have a capacity of 40MW. 11-May-1999 National Grid is to acquire Eastern Utilities Associates, the US electricity company, for $634m, which will be its second acquisition in New England. 02-Feb-1999 National Grid is said to be close to agreeing the acquisition of a second large US electricity company in New England, and is also planning to sell a third of its 74.3% stake in the Energis telecommunications business for over £1bn. 20-Jan-1999 National Grid is linking up with France Telecom and Sprint of the US to set up a long-distance telephone network in Brazil. 16-Jan-1999 National Grid is to acquire New England Electric System, the US electricity group, for $3.2bn, as part of a strategy to generate more than 20% of its sales from outside the domestic power transmission sector. 14-Dec-1998 National Grid is linking up with Sprint of the US to bid for the licence to expand Brazil's telecoms network at a cost of £600m. 07-Dec-1998 National Grid is looking to sell its 74% stake in its Energis telecoms business within the next five years, and is also seeking partners to set up similar telecoms operations in other countries. 25-Nov-1998 National Grid is expected to take control of National Air Traffic Services, the air traffic control arm of the Civil Aviation Authority, with a £500m offer for a majority stake in the operation. 14-Sep-1998 National Grid is to move 300 staff into new 40,000 sq ft purpose-built facilities on the Thorpe Park Industrial Estate in Leeds, in order to consolidate its regional offices. 01-Sep-1998 National Grid is forming a joint venture with Eletrobas of Brazil for the development of the Brazilian power transmission network. 24-Jul-1998 National Grid has expressed an interest in taking control of National Air Traffic Services, which the government is planning to sell off next year. 15-Jun-1998 National Grid has confirmed plans to spend at least £1bn on the acquisition of transmission and local distribution networks in the US, but it is not looking for generating businesses. 03-Jun-1998 National Grid has identified a number of potential acquisition targets in the US, as it aims to build up its electricity transmission and distribution business in deregulated markets. 12-May-1998 National Grid is investing about £30m in southern India to form a joint venture with the Karnataka Electricity Board to build and operate a 600km transmission line. 13-Feb-1998 National Grid is linking up with MPI International to acquire an 80% stake in the power division of Zambia Consolidated Mines, the provider of electricity to mines, for £30m. 25-Nov-1997 National Grid has been shortlisted for a $300m contract to build and operate a 430-mile electricity line across the Andes, linking two systems in Peru. 21-Nov-1997 National Grid has failed in its attempt to acquire PowerNet Victoria, the Australian state of Victoria's electricity transmission grid, which was instead sold to GPU of the US for £1.2bn. 13-Oct-1997 National Grid has announced plans to float Energis, its telecommunications business, and is rumoured to be considering a £1bn bid for PowerNet, the Australian electricity company. 25-Sep-1997 National Grid is considering plans to float a minority stake in Energis, its telecoms business, later this year. 18-Aug-1997 National Grid has decided against selling a large stake in Energis, its telecommunications business, having now set up a series of commercial arrangements with other telecoms companies. 04-Jun-1997 National Grid has failed in its attempt to win the contract to operate and manage the electricity transmission grid in Kazakhstan, with the government selecting ABB Power Grid Consortium instead. 22-Apr-1997 National Grid is to increase its stake in Citilec, the Argentine electricity distributor, from 15% to 40% at a cost of £30m. 25-Feb-1997 National Grid Group is about to start cutting back on 750 jobs through the greater use of automation, a move which it claims was forced upon it by the recent pricing review by the regulator. 27-Nov-1996 National Grid Group has agreed to price controls proposed by Offer, the industry regulator, which will mean an initial 20% cut in consumer prices from next April. 26-Oct-1996 A number of electricity companies, including National Grid, London Electricity and South Western Electricity, are to set up an £8m fund to contest legal claims that high-tension power lines can damage health. 11-Oct-1996 The National Grid has received twelve applications to build gas-fired power stations since March, indicating an increase in competition in the generation of electricity since privatisation. 06-Sep-1996 The electricity industry regulator is proposing a review of price controls which will cut about £1.2bn from the profits of the National Grid over the next four years, with the savings being passed on to consumers. 14-Aug-1996 Hanson has sold its 12.5% stake in the National Grid for £405m, and the shares are currently held by HSBC James Capel, the stockbroker. 02-May-1996 The National Grid has forecast that 10,000 MW of mainly coal-based power plants will be closed over the next six years, but about 12,000 MW of mainly gas-fired capacity will come on-stream in the same period. 08-Apr-1996 Rolls-Royce plans to construct a £40m combined heat and power plant to supply energy to its Derby factories, with the surplus going to local consumers or the National Grid. 19-Feb-1996
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