National Grid to sell US renewables business for £1.4bn

National Grid sells $1.7 billion US renewables arm to Brookfield
Britain's National Grid has reached a deal to sell its U.S. onshore renewables business to Canadian investment firm Brookfield Asset Management for $1.74 billion including debt, it said on Monday.
National Grid divests U.S. renewables business in $1.7 billion deal
Brookfield Asset Management agreed to purchase National Grid's renewable energy business, including its utility-scale solar, onshore wind and battery-storage U.S. assets.
Brookfield to acquire National Grid Renewables
The deal values National Grid Renewables - the US project development arm of the UK's National Grid - at approximately US$1.735 billion.
National Grid sells off renewables arm for $1.7B
As part of its strategy to focus on networks and streamline business, National Grid plc said Monday it has sold its U.S. onshore renewables business to Brookfield Asset Management Ltd. for more than $1.
National Grid to Sell U.S. Onshore Renewables Business to Brookfield Asset Management for $1.7 Billion
National Grid expects the transaction to be completed in the first half of the financial year ending March 31, 2026.
Brookfield buys National Grid’s renewables business in US for $1.7bn
Asset manager Brookfield is buying National Grid’s onshore renewables business in the US for $1.7bn, highlighting its confidence in the sector despite President Donald Trump’s anti-green agenda. London-listed National Grid put the business up for sale last year as it tries to focus on its core energy networks.
National Grid to divest US renewables business to Brookfield
US-based renewable energy asset developer National Grid has confirmed the sale of its National Grid Renewables business to Brookfield Asset Management and its institutional partners, including Brookfield Renewable Partners.
National Grid to sell U.S. renewables unit in $1.7B deal
National Grid (NYSE:NGG) said Monday it agreed to sell its onshore renewable business in the U.S. to Brookfield Asset Management (BAM) for $1.735B, including debt. National Grid (NYSE:NGG) said it expects the deal with Brookfield and institutional partners including Brookfield Renewable Partners (BEP) be completed in the first half of the
Mark Carney’s former fund snaps up National Grid net zero assets in £1.3bn deal
Mark Carney’s former investment company has bought National Grid’s renewables business as the former Bank of England governor runs for political high office.
National Grid sells US renewables arm to Brookfield for $1.7B
The deal is valued at approximately $1.74 billion, with the final cash consideration subject to customary completion adjustments.
National Grid sells US renewables arm to Brookfield for $1.7bn
According to National Grid, the sale aligns with its strategy to focus on networks and streamline its business activities accordingly.
National Grid sells US renewables arm in £1.4bn deal
National Grid has agreed to sell its US onshore renewables business to Brookfield Asset Management in a deal valuing the division at 1.74 billion US dollars (£1.37 billion). The deal is expected ...
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