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

Virgin Media O2 sets out transition plan to reach net zero by 2040

How DeKiln is harnessing 'biomimicry' to create tiles with a 94 per cent lower carbon footprint than ceramics

More on Energy

Good Energy: 'Practical' reforms could cut household bills by over £270 a year
Energy

Good Energy: 'Practical' reforms could cut household bills by over £270 a year

Energy company challenges next Prime Minister to shield households from 'financial nightmare' of high bills and finally decouple electricity prices from gas

Stuart Stone
Stuart Stone
clock 29 June 2026 • 6 min read
Ofgem gives provisional green light to 16 long duration energy storage projects
Energy

Ofgem gives provisional green light to 16 long duration energy storage projects

Energy regulator moves series of gigawatt-scale projects and novel technologies on to 'Minded-to-Decision' list

Stuart Stone
Stuart Stone
clock 26 June 2026 • 5 min read
Octopus Energy joins forces with DTEK to mobilise €100m for Ukraine solar and battery projects
Energy

Octopus Energy joins forces with DTEK to mobilise €100m for Ukraine solar and battery projects

New joint venture aims to deliver up to 100 commercial solar and battery projects across Ukraine, bolstering energy security in the face of Russia's continued attacks

Amber Rolt
clock 26 June 2026 • 2 min read