12:02 AM EST, 11/02/2026 (MT Newswires) -- British utility National Grid plc (NG.L) agreed to buy land on Teesside, England, for an electricity substation to power a planned neighboring data center, Sky News reported Sunday, citing sources familiar with the matter. National Grid Electricity Transmission signed the deal last week to acquire more than 70 acres of land at Dorman Point from Teesworks, a local public-private partnership, according to the report. National Grid did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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