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NGG - U.K. regulator cuts National Grid's Hinkley Point funding by £80M
National Grid Transco PLC PLC American Depositary Shares
U.K. energy market regulator Ofgem says it will grant £637M ($803M) to National Grid (NGG+2.6%) for building the transmission link for the Hinkley Point C nuclear plant, lower than the company's initial request for £717M.
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