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.
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 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
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.
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.
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Brookfield, chaired by Mark Carney, buys National Grid’s renewables division for £1.3bn as the former Bank of England governor pushes his net zero agenda while bidding to become Canada’s next prime minister.
National Grid sells its U.S. renewables business to Brookfield Asset Management for US$1.74-billion
National Grid expects the deal with Brookfield and institutional partners including Brookfield Renewable Partners to be completed in the first half of the financial year to March 31, 2026
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 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.
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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.
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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 ...