Since 2015

It was reported in November 2015 that John Pettigrew, the executive director who joined National Grid
25 years earlier, will follow Steve Holliday as CEO, who had served as CEO for ten years.

[28] The corporation was said to have too many conflicts of interest by the Energy Select Committee in
June 2016, particularly in light of the company's ownership of international interconnectors. The
committee suggested breaking up the business. [29]

In December 2016, a group consisting of Macquarie Infrastructure and Real Assets, Allianz Capital
Partners, Hermes Investment Management, CIC Capital Corporation, Qatar Investment Authority,
Dalmore Capital, and Amber Infrastructure Limited reached an agreement to purchase a 61% stake in
National Grid's gas distribution business, with the sale of a further 14% stake still being negotiated.

Since 2015

It was reported in November 2015 that John Pettigrew, the executive director who joined National Grid
25 years earlier, will follow Steve Holliday as CEO, who had served as CEO for ten years.

[28] The corporation was said to have too many conflicts of interest by the Energy Select Committee in
June 2016, particularly in light of the company's ownership of international interconnectors. The
committee suggested breaking up the business. [29]

In December 2016, a group consisting of Macquarie Infrastructure and Real Assets, Allianz Capital
Partners, Hermes Investment Management, CIC Capital Corporation, Qatar Investment Authority,
Dalmore Capital, and Amber Infrastructure Limited reached an agreement to purchase a 61% stake in
National Grid's gas distribution business, with the sale of a further 14% stake still being negotiated.

Since 2015

It was reported in November 2015 that John Pettigrew, the executive director who joined National Grid
25 years earlier, will follow Steve Holliday as CEO, who had served as CEO for ten years.

[28] The corporation was said to have too many conflicts of interest by the Energy Select Committee in
June 2016, particularly in light of the company's ownership of international interconnectors. The
committee suggested breaking up the business. [29]

In December 2016, a group consisting of Macquarie Infrastructure and Real Assets, Allianz Capital
Partners, Hermes Investment Management, CIC Capital Corporation, Qatar Investment Authority,
Dalmore Capital, and Amber Infrastructure Limited reached an agreement to purchase a 61% stake in
National Grid's gas distribution business, with the sale of a further 14% stake still being negotiated.

Since 2015

It was reported in November 2015 that John Pettigrew, the executive director who joined National Grid
25 years earlier, will follow Steve Holliday as CEO, who had served as CEO for ten years.

[28] The corporation was said to have too many conflicts of interest by the Energy Select Committee in
June 2016, particularly in light of the company's ownership of international interconnectors. The
committee suggested breaking up the business. [29]

In December 2016, a group consisting of Macquarie Infrastructure and Real Assets, Allianz Capital
Partners, Hermes Investment Management, CIC Capital Corporation, Qatar Investment Authority,
Dalmore Capital, and Amber Infrastructure Limited reached an agreement to purchase a 61% stake in
National Grid's gas distribution business, with the sale of a further 14% stake still being negotiated.