National Grid to sell US renewables business for £1.4bn

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.
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.
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.
Brookfield Asset Management and partners sign deal for National Grid Renewables
TORONTO — Brookfield Asset Management and its institutional partners have signed a deal to buy National Grid Renewables.
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.
Brookfield buys national grid renewables for US$1.7 billion
National Grid Plc agreed to sell its U.S. onshore renewables business to Brookfield Asset Management for US$1.7 billion after U.S. President Donald Trump vowed to curb the growth of green electricity.
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. Nat
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Brookfield Asset Management buys National Grid Renewables for $1.7bn
National Grid Renewables develops, constructs, owns and operates utility-scale, solar, onshore wind and battery storage assets.
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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 ...
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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 ...