07:42 AM EDT, 05/23/2024 (MT Newswires) -- National Grid ( NGG ) said Thursday that it plans to invest $75 billion over the next five years across its service territory in the US and UK.

The company said that $35 billion of the financing will go toward improving the US energy system in Massachusetts and New York.

National Grid ( NGG ) said it plans to invest $21 billion in New York between 2024 and 2029, and $14 billion in New England over the next five years.

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