• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    National Grid and Kraken Sign Deal to Bring Globally Proven Customer-Service Platform to Over 6 Million U.S. Energy Customers

    5/21/25 6:30:00 AM ET
    $NGG
    Natural Gas Distribution
    Utilities
    Get the next $NGG alert in real time by email
    • Residential, commercial and industrial energy customers across Massachusetts and New York are set to benefit from Kraken's revolutionary customer engagement and billing platform
    • Kraken's industry-leading enterprise cloud solution will support National Grid's efforts to dramatically improve customer experience, boost efficiency, and enable delivery of dynamic energy products and services to its customers
    • National Grid becomes the first U.S. integrated utility to implement Kraken, which already serves over 70 million customer accounts globally

    Kraken, the groundbreaking operating system transforming global utilities, has partnered with National Grid to supercharge the way it serves its customers.

    The revolutionary Kraken platform will unlock best-in-class customer service and increase operational efficiency for 6.5 million residential, commercial and industrial energy customers across Massachusetts and New York, as part of a multi-year transformation project.

    Kraken's cloud-based customer service and billing platform will allow National Grid to offer innovative energy solutions and pricing plans seamlessly, leveraging its advanced smart meter technology to better serve customers. The platform will also provide customer agents with the tools and information they need to resolve customer issues and improve the customer experience, while boosting employee satisfaction.

    National Grid is the first large-scale U.S. utility to adopt Kraken, which is proven to deliver a top-tier customer experience while streamlining operations. The Kraken platform is trusted by major global utilities and is already contracted to serve over 70 million accounts around the world with utilities such as E.ON Next, EDF Energy, Octopus Energy, Origin in Australia and many more.

    By unifying customer operations on a single, intelligent platform, Kraken can process over eight billion data points daily, unlocking deeper insight into customer behaviors and energy usage. This will empower employees with tools to anticipate and address evolving customer needs. Ultimately, the partnership strengthens National Grid's ability to design innovative energy solutions and deliver a safe and reliable energy system.

    Amir Orad, CEO of Kraken, said: "We're excited to kick off a new chapter with National Grid as they take a major step toward transforming the energy landscape. Together, we're focused on elevating the customer experience, driving digital transformation, and helping create an AI-powered energy system built for the future. With National Grid leading the way, we're setting the stage for what's next in the energy world – and we're just getting started."

    Bill Malee, Chief Customer Officer, National Grid, said: "Leveraging Kraken's industry-leading expertise will support our mission to provide exceptional service to our millions of customers across the Northeast. Once fully implemented, the Kraken platform will replace decades-old systems, enhancing the customer experience and reinforcing our commitment to a customer-first approach."

    About Kraken

    Kraken is the world's only proven, end-to-end operating system for utilities' digitalization and transformation, trusted by global energy giants like EDF Energy, E.ON Next, Octopus Energy, Origin and Tokyo Gas.

    Headquartered in London and New York, Kraken manages over 70 million accounts, over 40 GW of power – from off-shore wind to grid-scale batteries – and over 300,000 consumer devices such as electric cars and charging stations.

    The platform's advanced data, AI and machine learning capabilities automate much of the energy supply chain to allow outstanding service and efficiency. These advances have redefined the utilities sector, driving a 30-fold increase in new product innovations for partners, top consumer rankings and hundreds of millions of dollars in operational savings.

    Kraken's cloud-based architecture is uniquely adaptable and scalable, proven by an unparalleled track record in seamless, extremely fast on-time migrations and enabling its successful expansion into water and other verticals.

    About National Grid

    National Grid (NYSE:NGG) is an electricity and natural gas delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a smarter, stronger, cleaner energy future — transforming our networks with more reliable and resilient energy solutions to meet state climate goals and reduce greenhouse gas emissions.

    For more information, please visit our website, follow us on X (formerly Twitter), watch us on YouTube, like us on Facebook and find us on Instagram.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250521656939/en/

    Kraken Press Contact:



    Joseph Williams

    [email protected]

    +44 (0)20 4530 8369

    Get the next $NGG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NGG

    DatePrice TargetRatingAnalyst
    5/6/2025Buy → Neutral
    Citigroup
    4/29/2025Buy → Neutral
    UBS
    3/17/2025Mkt Perform → Outperform
    Bernstein
    1/21/2025Neutral → Buy
    Citigroup
    10/3/2024Buy → Neutral
    Citigroup
    10/2/2024Buy
    Deutsche Bank
    6/12/2024Neutral → Buy
    Goldman
    6/3/2024Neutral → Buy
    Citigroup
    More analyst ratings

    $NGG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • National Grid and Kraken Sign Deal to Bring Globally Proven Customer-Service Platform to Over 6 Million U.S. Energy Customers

      Residential, commercial and industrial energy customers across Massachusetts and New York are set to benefit from Kraken's revolutionary customer engagement and billing platform Kraken's industry-leading enterprise cloud solution will support National Grid's efforts to dramatically improve customer experience, boost efficiency, and enable delivery of dynamic energy products and services to its customers National Grid becomes the first U.S. integrated utility to implement Kraken, which already serves over 70 million customer accounts globally Kraken, the groundbreaking operating system transforming global utilities, has partnered with National Grid to supercharge the way it serves its

      5/21/25 6:30:00 AM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • Amperon Secures Strategic Investment from National Grid Partners to Accelerate AI-powered Energy Forecasting Solutions

      HOUSTON, March 12, 2025 /PRNewswire/ -- Amperon, a leading provider of AI-powered energy forecasting and analytics solutions, today announced a strategic investment from National Grid Partners, the venture investment and innovation arm of National Grid (NYSE:NGG). This investment will further accelerate Amperon's commercial expansion across North America and Europe, enhancing its ability to provide best-in-class AI-powered energy forecasting and market analytics to utilities, independent power producers, and energy market participants. The investment from National Grid Partner

      3/12/25 9:00:00 AM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • National Grid and National Grid Foundation Add $1.4 Million to Heating Assistance Funds

      Low-Income Customers Can Apply for Enhanced Emergency Heating Assistance BROOKLYN, N.Y., Feb. 18, 2025 /PRNewswire/ -- National Grid and the National Grid Foundation today announced a joint $1.4 million contribution to support the company's low-income and emergency heating programs, the Care & Share Energy Fund and the Neighborhood Heating Fund, which opened today. The announcement follows the recent interruption of regular Home Energy Assistance Program, or Regular HEAP, availability in New York State. Regular HEAP funds were exhausted on Jan. 21 due to higher-than-normal enr

      2/18/25 10:10:00 AM ET
      $NGG
      Natural Gas Distribution
      Utilities

    $NGG
    SEC Filings

    See more
    • SEC Form 6-K filed by National Grid Transco PLC National Grid PLC (NEW)

      6-K - NATIONAL GRID PLC (0001004315) (Filer)

      5/22/25 1:02:09 PM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • SEC Form 6-K filed by National Grid Transco PLC National Grid PLC (NEW)

      6-K - NATIONAL GRID PLC (0001004315) (Filer)

      5/15/25 10:31:12 AM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • SEC Form 6-K filed by National Grid Transco PLC National Grid PLC (NEW)

      6-K - NATIONAL GRID PLC (0001004315) (Filer)

      5/15/25 10:28:37 AM ET
      $NGG
      Natural Gas Distribution
      Utilities

    $NGG
    Financials

    Live finance-specific insights

    See more
    • NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS

      SYRACUSE, N.Y., Nov. 20, 2023 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has declared dividends for the period October 1, 2023 through December 31, 2023 at the following rates for all outstanding series of its preferred stock: .85% on the $100 par value, 3.40% Series;.90% on the $100 par value, 3.60% Series;.975% on the $100 par value, 3.90% Series.The preferred stock dividends are payable on December 29, 2023 – December 31 falls on a weekend, therefore the pay

      11/20/23 4:02:00 PM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS

      SYRACUSE, N.Y., Aug. 16, 2023 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has declared dividends for the period July 1, 2023 through September 30, 2023 at the following rates for all outstanding series of its preferred stock: .85% on the $100 par value, 3.40% Series;.90% on the $100 par value, 3.60% Series;.975% on the $100 par value, 3.90% Series.The preferred stock dividends are payable on October 2, 2023 – the divided payment date was moved to October 2 as Se

      8/16/23 3:30:00 PM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • NIAGARA MOHAWK POWER CORPORATION DECLARES PREFERRED STOCK DIVIDENDS

      SYRACUSE, N.Y., May 16, 2023 /PRNewswire/ -- Niagara Mohawk Power Corp. (the "Company"), an indirect subsidiary of National Grid USA ("National Grid"), announced that its Board of Directors has declared dividends for the period April 1, 2023 through June 30, 2023 at the following rates for all outstanding series of its preferred stock: .85% on the $100 par value, 3.40% Series;.90% on the $100 par value, 3.60% Series;.975% on the $100 par value, 3.90% Series.The preferred stock dividends are payable on June 30, 2023, to holders of record on June 16, 2023. The Company, doing bus

      5/16/23 5:10:00 PM ET
      $NGG
      Natural Gas Distribution
      Utilities

    $NGG
    Leadership Updates

    Live Leadership Updates

    See more
    • National Grid appoints Steve Smith as Chief Strategy and Regulation Officer

      BROOKLYN, N.Y. and WALTHAM, Mass., Nov. 20, 2024 /PRNewswire/ -- National Grid today announced that Steve Smith has been appointed as the company's Chief Strategy and Regulation Officer. As National Grid works to progress the energy transition at speed, Steve will lead the company's work on future strategy and regulation across the US and UK. Steve will sit on National Grid's executive committee and report to John Pettigrew, Group CEO. Steve has been leading this work on an interim basis since August 2024, following Ben Wilson's move to lead National Grid Ventures. His appoint

      11/20/24 9:23:00 AM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • National Grid Appoints U.S. Head of Corporate Affairs

      Jim McGaugh, previously with GE and Citi, to help expand company's presence and position as a leader in the clean energy transition WALTHAM, Mass. and BROOKLYN, N.Y., June 9, 2023 /PRNewswire/ -- National Grid has appointed Jim McGaugh as U.S. Head of Corporate Affairs to advance and align key strategic priorities across its U.S. business, with a focus on Massachusetts and New York, and at the federal level, the company announced this week. McGaugh joins National Grid with strong government and policy experience at the local, state, and federal levels across sectors. McGaugh p

      6/9/23 1:46:00 PM ET
      $NGG
      Natural Gas Distribution
      Utilities

    $NGG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • National Grid downgraded by Citigroup

      Citigroup downgraded National Grid from Buy to Neutral

      5/6/25 8:03:27 AM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • National Grid downgraded by UBS

      UBS downgraded National Grid from Buy to Neutral

      4/29/25 8:07:29 AM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • National Grid upgraded by Bernstein

      Bernstein upgraded National Grid from Mkt Perform to Outperform

      3/17/25 7:39:32 AM ET
      $NGG
      Natural Gas Distribution
      Utilities

    $NGG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by National Grid Transco PLC National Grid PLC (NEW) (Amendment)

      SC 13G/A - NATIONAL GRID PLC (0001004315) (Subject)

      2/9/23 9:19:31 AM ET
      $NGG
      Natural Gas Distribution
      Utilities
    • SEC Form SC 13G filed by National Grid Transco PLC National Grid PLC (NEW)

      SC 13G - NATIONAL GRID PLC (0001004315) (Subject)

      2/14/22 3:46:02 PM ET
      $NGG
      Natural Gas Distribution
      Utilities