National Grid shares rise after utility lifts 2027 earnings view and maps out £70 billion plan
National Grid shares rose 1.33% after the company raised its 2027 earnings growth forecast and extended its investment plan through 2031. The utility accepted Ofgem’s new UK transmission price control, effective from April 2026. National Grid now expects adjusted EPS growth of 13%-15% in 2027 and at least £70 billion in capital investment by FY31. Investors await further details in a management call later Monday.