Scotland Gas Networks PLC Response to RIIO-GD2 Draft Determination (0825Z)
15 Setembro 2020 - 12:33PM
UK Regulatory
TIDM71ZU
RNS Number : 0825Z
Scotland Gas Networks PLC
15 September 2020
SCOTLAND GAS NETWORKS PLC (the "Issuer")
(LEGAL IDENTIFIER NUMBER: 549300Y7M5CC1U5DBX07)
RIIO-GD2 Draft Determination
15 September 2020
The Issuer has various series of notes in issue under a
GBP5,000,000,000 Euro Medium Term Note Programme and is making this
announcement in the context of the RIIO GD2 Draft
Determination.
On the 4th of September the Issuer and Southern Gas Networks plc
responded to Ofgem's consultation response on the RIIO-GD2 draft
determination. There are a number of areas that have been
identified as the Issuer has progressed through this consultation
process, that give rise to concern. The Issuer has communicated
these to Ofgem through its response and will continue to work with
Ofgem to find an appropriate solution to these issues.
Inside Information
This announcement is released by the Issuer and contains inside
information for the purposes of Article 7 of Regulation (EU)
596/2014 ("MAR"). For the purposes of MAR and Article 2 of
Commission Implementing Regulation (EU) 2016/1055, this
announcement is made by Duncan Holder (Group Treasurer) at the
Issuer.
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