| Business Summary | | The
National
Grid
Group
plc
is
an
international
organization
that
creates
electricity
and
telecommunications
networks
as
well
as
energy
trading
networks
around
the
world.
The
Company
was
formed
as
part
of
the
deregulation
and
privatization
process
that
the
United
Kingdom
began
in
1989
and
is
responsible
for
the
high
voltage
electricity
transmission
network
in
England
and
Wales.
The
Company
also
has
operations
or
joint
ventures
in
Latin
and
North
America,
Europe
and
Africa.
National
Grid
has
a
number
of
businesses
around
the
world
in
Argentina,
Brazil,
United
Kingdom,
United
States
and
Zambia.
The
Company
also
is
actively
pursuing
other
opportunities
including
inter-connector
projects
around
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | National
Grid
owns,
operates
and
maintains
the
high-voltage
transmission
network
in
England
and
Wales,
which
connects
generators
with
major
customers
and
regional
electricity
companies.
For
the
fiscal
year
ended
3/31/01,
revenues
totaled
L3.8
billion,
up
from
L1.61
billion.
Net
income
according
to
U.S.
GAAP
fell
20%
to
L810.3
million.
Results
reflect
the
first
full
year's
contribution
from
National
Grid
USA,
offset
by
higher
merger-related
costs
and
an
unfavarable
exchange
rate. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | James Ross, 61 | Chairman | David Jones, 57 | Chief
Exec. | Alison Kay, 35 | Sec.
and Gen. Counsel |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|