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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.

Hosted on MSN · 17h

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

The Financial Times · 20h

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.

Business Times4h

Brookfield makes US$1.7 billion bet on power needs by AI, data

BROOKFIELD Asset Management agreed to spend US$1.7 billion in a deal to expand its US onshore renewables business as the ...

15h

Mark Carney’s fund snaps up National Grid net zero assets in £1.3bn deal

Mark Carney’s investment company has bought National Grid’s renewables business as the former Bank of England governor runs ...

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