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

'New money for old stock': What is 'recommerce' and who's doing it well?

Supply chain specialist Blue Yonder snaps up Pledge to boost logistics CO2 reporting offer

More on Energy

Study: Over 70 per cent of businesses to push forward with electrification
Energy

Study: Over 70 per cent of businesses to push forward with electrification

But drive to electrify is fuelling concerns over security of supply and volatile energy costs, according to a major new study from EY

Stuart Stone
Stuart Stone
clock 01 May 2025 • 4 min read
Study: Overlooked industrial gas giants not acting swiftly enough to cut emissions
Energy

Study: Overlooked industrial gas giants not acting swiftly enough to cut emissions

Firms consuming more electricity than the likes of Google, Amazon, and Microsoft must rapidly decarbonise to help preserve a 'safe climate', report warns

Stuart Stone
Stuart Stone
clock 30 April 2025 • 4 min read
CCC boss urges government to 'make electricity as cheap as possible'
Energy

CCC boss urges government to 'make electricity as cheap as possible'

Emma Pinchbeck tells Innovation Zero that UK has a critical role to play in the new ‘age of electricity’

James Murray
James Murray
clock 29 April 2025 • 6 min read