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... is the Telecommunications company Energis. Investments have also been made in overseas transmission projects. This monopoly knows how to play the game, and it makes real money. The National Grid Group is the sole owner of the electricity transmission system in England and Wales. Accountable to government regulators, it delivers electricity to more than 23 million customers through 300 substations, 400 miles of underground lines, and 4,300 miles of overhead lines. National Grid also trades electricity with France and Scotland. Its 74%-owned Energis subsidiary provides telecommunications services to more than 12,000 business customers through a network of about 2,500 miles of fiber-optic cables across the UK. As part of its overseas expansion, National Grid is acquiring US utility New England Electric System. MajorShareholders: (10 Jan 00) 1484.74m 11 13/17p Ords - HSBC Investment Bank 10.06%, Prudential Portfolio Mgrs 4.90%, Other Dirs 0.02%. The National Grid Group plc (NGG) is the ...