National Grid to sell US renewables business for £1.4bn

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 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 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 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
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
Brookfield buys national grid renewables for US$1.7 billion
National Grid Plc agreed to sell its U.S. onshore renewables business to Brookfield Asset Management for US$1.7 billion after U.S. President Donald Trump vowed to curb the growth of green electricity.
Brookfield Asset Management and partners sign deal for National Grid Renewables
TORONTO — Brookfield Asset Management and its institutional partners have signed a deal to buy National Grid Renewables.
National Grid to sell its US renewables arm for $1.74B
British energy giant National Grid will sell National Grid Renewables in the US to Canada's Brookfield Asset Management for $1.74 billion.
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.
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.
PE Hub4d
Brookfield Asset Management buys National Grid Renewables for $1.7bn
National Grid Renewables develops, constructs, owns and operates utility-scale, solar, onshore wind and battery storage assets.
Business Times3d
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 ...