National Grid Ventures buys 35% stake in Joulent for $1.75bn
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Own this stock amid efforts to capture the strategic U.S. data centre opportunity
July 2, 2026 6:00 PM EDTBarclays reiterated its Overweight rating on a key utility company in a note following the company's announcement that its ventures arm will invest $1.75 billion in a platform developing power solutions for large U.S. data centers, for a 35% stake.
National Grid Plc (NYSE: NGG) announced the investment in Joulent on Thursday.
Analyst Dominic Nash said... More
