National Grid Sells Grain LNG to Centrica and Partners

National Grid Transco ( (NGG) ) has issued an update.

On August 14, 2025, National Grid plc announced the sale of its Grain LNG business to a consortium consisting of Centrica plc and Energy Capital Partners LLC for approximately £1.66 billion. This move aligns with National Grid’s strategy to streamline its operations and focus on its core network businesses, following the sale of its NG Renewables business earlier in May 2025. The transaction is subject to regulatory approvals and is expected to conclude later this year, marking a significant step in National Grid’s strategic refocusing efforts.

The most recent analyst rating on (NGG) stock is a Buy with a $80.40 price target. To see the full list of analyst forecasts on National Grid Transco stock, see the NGG Stock Forecast page.

Spark’s Take on NGG Stock

According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.

National Grid’s overall score reflects strong financial performance and strategic investments, tempered by challenges in revenue growth and regulatory hurdles. The earnings call provided positive guidance, supporting future growth, while technical indicators suggest a stable market position.

To see Spark’s full report on NGG stock, click here.

More about National Grid Transco

National Grid plc is a leading energy company operating in the UK and the US, providing gas and electricity to millions of customers. The company is heavily involved in modernizing energy infrastructure, including significant projects like The Great Grid Upgrade in the UK and the Upstate Upgrade in New York. National Grid is committed to delivering secure, affordable, and clean energy, and is a major investor in the energy transition.

Average Trading Volume: 978,013

Technical Sentiment Signal: Buy

Current Market Cap: $69.67B

For detailed information about NGG stock, go to TipRanks’ Stock Analysis page.