National Grid share price steadies near 1,390p as UK grid deals and Ofgem deadlines sharpen focus
National Grid shares rose 0.2% to 1,390.5p in early London trading Thursday, following Engie’s £10.5 billion deal for UK Power Networks. Investors are watching Ofgem’s March 2 consultation deadline and National Grid’s May 14 results. Ofgem set the April–June household energy price cap at £1,641, with network costs rising £66.