National Grid agrees to sell US onshore renewables business to Brookfield in $1.7bn deal

Stuart Stone
clock • 2 min read
Credit: iStock
Image:

Credit: iStock

UK grid operator announces deal that will see it sell Stateside renewables business to Canadian investment giant

National Grid has today confirmed it has reached an agreement to sell its US-based onshore renewables business to Canadian investment firm Brookfield Asset Management in a deal worth $1.74bn. The UK...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Mass balance accounting: A 'misleading marketing scheme' or a 'bridge' to greener products?

The Duchy of Cornwall's David Cope: 'Sustainability is a mindset as much as a job'

More on Energy

IEA: CO2 from global power generation to rise one per cent in 2026
Energy

IEA: CO2 from global power generation to rise one per cent in 2026

Agency forecasts surging electricity demand from AI data centres, air conditioning, and clean tech means emissions are likely to tick up again this year

Michael Holder
Michael Holder
clock 24 July 2026 • 5 min read
New Northamptonshire biomethane plant to supply enough renewable gas to heat 5,000 homes
Energy

New Northamptonshire biomethane plant to supply enough renewable gas to heat 5,000 homes

Vida Bioenergy Wormslade plant is expected to produce 68GWh of biomethane annually

Amber Rolt
clock 23 July 2026 • 1 min read
'Untapped potential': Is the answer to the energy transition hiding beneath our feet?
Energy

'Untapped potential': Is the answer to the energy transition hiding beneath our feet?

New report from the Energy Transmissions Commission explores how different geothermal technologies could play a 'much larger' role in accelerating the energy transition, if the right policy support and investment is provided

Amber Rolt
clock 22 July 2026 • 8 min read