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Massachusetts Electric Company (MECO) and Narragansett Electric Company System Operator Limited (NG ESO) Boston Gas Company (Boston Gas), (NGET) National Grid Gas plc (NGG) National Grid Electricity TheĪffected entities are: National Grid Electricity Transmission plc Primarily, in service territories outside of New York. In the US that provide distribution activities, either solely or Networks accounting for the vast majority of the group's UK earningsĪnd regulated assets, and the group's operating subsidiaries Of all the group's operating subsidiaries in the UK, with the transmission In all cases, the outlook has been changed to stable from negative.Ĭoncurrently, Moody's has downgraded to Baa1 from A3 the ratings Of the group's US intermediate holding companies, National Moody's has also downgraded to Baa2 from Baa1 the issuer ratings
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Grid plc, the ultimate holding company of the National Grid group. To Baa2 from Baa1 the issuer and senior unsecured ratings on National London, 02 March 2021 - Moody's Investors Service, (Moody's) has today downgraded NOTE: On March 3, 2021, the press release was corrected as follows: In the list of affected ratings, under National Grid Electricity Transmission plc, added the rating action on the Long-term Underlying Senior Unsecured Regular Bond/Debenture (Domestic).
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NOTE: On September 24, 2021, the press release was corrected as follows: In the list of affected ratings, under National Grid Generation LLC, added the rating action on the Long-term Backed and Underlying Senior Unsecured Revenue Bonds.