NIE Finance plc - Annual Financial Report
PR Newswire
- £350,000,000 2.5 per cent Guaranteed Notes due 2025 (ISIN XS1820002308); and
- £400,000,000 6.375 per cent Guaranteed Notes due 2026 (ISIN XS0633547087).
each unconditionally and irrevocably guaranteed by Northern Ireland Electricity Networks Limited.
In accordance with Listing Rules 17.4.7 and 17.3.4, the Report and Financial Statements for the year ended 31 December 2020 for each of Northern Ireland Electricity Networks Limited and NIE Finance PLC have been uploaded to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism and are available on Northern Ireland Electricity Networks Limited s website at http://www.nienetworks.co.uk/about-us/investor-relations
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Date: 27 May 2021
Ofgem unveils plans to boost investment for local electricity networks
The new price controls aim to cut emissions from cars and support more flexible local grids
Image: Shutterstock
Ofgem has today unveiled plans to boost investment in local electricity grids in a bid to support the uptake of electric vehicles, small-scale renewables, storage and clean heating.
The energy market regulator has set out its working assumptions on the financial package that will be applied for the next round of price controls for local electricity networks (DNOs) starting in April 2023.
Ofgem said the new price controls for the DNOs, known as RIIO-ED2, are designed to boost green investment.
Chancellor Rishi Sunak s Budget was clear – when it comes to business, the Government wants to support enterprising, innovative companies that can help make the UK a force to be reckoned with in the 2020s and beyond.
1Spatial is just such a business. Spun out of Cambridge University more than 40 years ago, 1Spatial has pioneered sophisticated software that allows public and private sector customers to create detailed digital maps at local, regional and national level.
The shares are 35p and should increase materially as chief executive Claire Milverton rolls out her strategy for growth.
On target: 1Spatial s mapping software helps California firefighters, who last year faced record-breaking blazes
MIDAS SHARE TIPS: 1Spatial is the digital maps expert dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.