National Grid: Rights Issue Highlights Lack Of Compounding

t 11:00 n II 100 National Grid Ple (NYSE:NGG)(OTCPK:NGGTF) is past the RIIO-ED1 compensation regime as of March 2023 and is now in ED2, and it's been working on the RIIO- T2 regime since 2021 for the transmission networks. ED2 was appealed and contested by operators, as always, over the fact that its compensation may not be sufficient for the operators of the transmission and distribution concessions. Not just now but also in 2021, lowered regulated cost of equity brings down compensation rates to the point ...