National Grid acquires PPL WPD Investments for £7.8 billion, sells Narragansett Electric for $3.8 billion
LONDON: National Grid plc has agreed to acquire PPL WPD Investments Limited, the holding company of Western Power Distribution (WPD), for an equity value of £7.8 billion and National Grid has agreed to sell The Narragansett Electric Company (NECO) to…