As part of its strategy to focus on networks and streamline business, National Grid plc said Monday it has sold its U.S.
Brookfield Asset Management agreed to purchase National Grid's renewable energy business, including its utility-scale solar, ...
Morgan Lewis Advises National Grid on Sale of US Onshore Renewables BusinessBOSTON, February 24, 2025: Morgan Lewis is ...
The deal is valued at approximately $1.74 billion, with the final cash consideration subject to customary completion ...
The deal values National Grid Renewables - the US project development arm of the UK's National Grid - at approximately ...
National Grid expects the transaction to be completed in the first half of the financial year ending March 31, 2026.
The transaction comes at a time when the new US administration has made clear its strong opposition to green energy.
Brookfield's purchase of National Grid’s US renewables for $1.7bn; EU-UK defense funding talks amidst concerns over US pullback; Emirates' caution against forcing airlines to finance Heathrow's third ...
British energy giant National Grid will sell National Grid Renewables in the US to Canada's Brookfield Asset Management for $1.74 billion.
The transition to renewable energy is creating exciting investment opportunities and opening up profitable new markets across ...
Brookfield Asset Management agreed to spend $1.7 billion in a deal to expand its US onshore renewables business as the company bets there will be increasing demand for electricity from data centers ...
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