UK Energy Security Strategy & Cadent Financial Overview
Strong performance in an
established regulatory environment
► Successfully delivered our first year of RIIO-2
▸ We were successful in our appeal to the Competition and Markets Authority
winning 3 out of the 5 of our chosen grounds of appeal
Transformation continues at pace following separation from National Grid.
Our RIIO-2 business plan delivers frontier performance
Customer performance continues to improve, with our North West network
now delivering frontier performance
▸ Well insulated from inflation, the rise in gas prices and bad debt through a
comprehensive package of regulatory protections
Working at pace in support of our net zero ambition including a Hydrogen D
Village
40
Leading the sector on ESG with an investment programme that supports
CO2 reductions and significant on-going contributions to our communities
via the Cadent Foundation that leads the sector in terms of scale and
ambition
Cadent Gas Ltd
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