National Grid to sell US onshore renewables arm for $1.74 billion to Brookfield
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National Grid is selling its U.S. onshore renewables business to Brookfield Asset Management for $1.74 billion, including debt.
February 24, 2025 | 7:30 am
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National Grid is divesting its U.S. onshore renewables business to Brookfield for $1.74 billion, which may impact its asset portfolio and financials.
The sale of the U.S. onshore renewables business is a significant divestment for National Grid, potentially improving its financial position and allowing it to focus on core operations. This could be seen positively by investors.
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