Northern Gas Networks’ first public investment bond is open now
Northern Gas Networks are one of four companies who manage and maintain the UK gas grid, and they have been taking the lead on transforming their network to deliver Net Zero. Now they want to offer everyone the opportunity to get involved in this important transition by becoming the first UK utility company to offer an investment exclusively for retail investors.
They are looking to raise £1 million to help fund the next phase of their pipeline replacement programme, which is aiming to upgrade 2,900km of their network by 2026. This will have two major environmental benefits. It will make an immediate impact by cutting NGN’s day to day emissions from operating the network, and also help deliver Net Zero by creating a hydrogen-ready gas network across the North East, Cumbria and much of Yorkshire.View investment
“The UK energy sector is facing an exciting transition. Whilst focus is often placed on how energy production must change, the networks that distribute our energy must change too. At NGN, we’re delivering on a clear plan for a Net Zero carbon network by 2050, and with this investment we want to let the public get involved.”Mark Horsley, CEO, Northern Gas Networks
Make an impact with your money
Northern Gas Networks have ambitious plans to help deliver Net Zero by upgrading their pipeline to make themselves hydrogen-ready.Read more
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