🔴 Smart Grid Infrastructure ETF (FGRD.L) is trading 3.66% down as election results raise data-center oversight concerns

FGRD.L is trading at £4197.50, down 3.66%, as investors repriced power and equipment suppliers exposed to data-center expansion after election results raised concerns about tighter AI and data-center oversight.

• GE Vernova fell 11.5%, adding pressure to grid-related holdings.
• The move was not a broad-market decline: clean-energy shares rallied, while Reuters reported pressure on utilities and equipment suppliers exposed to data-center demand. FGRD.L’s substantial electrical-equipment holdings may have amplified the sector-specific weakness.