National Grid 2008 Annual Report Download - page 258

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 9313
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.6.1, Doc: 6, Page: 52
Description: EXH 2(B).6.1
0/2656.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/656/2*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 9313
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.6.1, Doc: 6, Page: 52 Description: EXH 2(B).6.1
0/2656.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/656/2*
National Grid USA’s principal electric transmission and distribution subsidiaries provide the followin
g
services: (i) electricity
transmission and distribution in New York throu
g
h NMPC; (ii) electricity transmission in New En
g
land principally throu
g
h NEP;
and (iii) electricity distribution in New England through MECO, Narragansett, Granite State and NEC. National Grid USA’s
principal
g
as distribution subsidiaries provide
g
as distribution in central and eastern New York throu
g
h NMPC, and in downstate
New York and in New England through KeySpan’s
g
as utility affiliates and throu
g
h Narra
g
ansett in Rhode Island. In addition to
the Issuer’s regulated networks for the transmission and distribution of electricity and gas, National Grid USA’s KeySpan
affiliates (i) mana
g
e the electric transmission and distribution system in Lon
g
Island, New York owned by the Lon
g
Island Power
Authority (“LIPA”); (ii) provide
g
eneratin
g
capacity and, to the extent required, ener
g
y conversion services for LIPA; (iii) own
and/or, lease and operate an electric
g
eneration facility located in Queens County, New York City collectively known as the
Ravenswood Facility or Ravenswood Generatin
g
Station which is expected to be divested in accordance with the recent New
York Public Service Commission’s (“NYPSC”) merger order dated 17 September 2007; (iv) provide energy-related and fibre
optic services to customers primarily located within the northeast of the United States, with concentrations in the New York City
and Boston metropolitan areas; and (v) operate
g
as exploration and production activities as well as domestic pipelines and
g
as
storage facilities.
52
• Ke
y
S
p
an Cor
p
oration
(
collectivel
y
“Ke
y
S
p
an”
)
directl
y
and indirectl
y
owned
p
ublic utilities consistin
g
of:
• The Brooklyn Union Gas d/b/a/ KeySpan Energy Delivery New York (“KEDNY”) – New York;
• Ke
y
S
p
an Gas East Cor
p
oration d/b/a Ke
y
S
p
an Ener
gy
Deliver
y
Lon
g
Island
(
“KEDLI”
)
– New York;
• Colonial Gas Company – New England;
• Boston Gas Com
p
an
y
– New En
g
land;
• Essex Gas Company – New England; and
• Ener
gy
North Natural Gas, Inc. – New En
g
land;
• Niagara Mohawk Power Corporation (“NMPC”) – New York;
• New En
g
land Power Com
p
an
y
(
“NEP”
)
– New En
g
land;
• Massachusetts Electric Company (“MECO”) – Massachusetts;
• The Narra
g
ansett Electric Com
p
an
y
(
“Narra
g
ansett”
)
–
Rhode Island
• Granite State Electric Company (“Granite State”) – New Hampshire
• Nantucket Electric Company (“NEC”) – Massachusetts
• New En
g
land Electric Transmission Cor
p
oration
(
“NEET”
)
–
Massachusetts and New Ham
p
shire;
• New England Hydro-Transmission Corporation (“N.H. Hydro”) – New Hampshire; and
• New En
g
land H
y
dro-Transmission Electric Com
p
an
y
, Inc.
(
“Mass. H
y
dro”
)
–
Massachusetts.