National Grid expects the transaction to be completed in the first half of the financial year ending March 31, 2026.

According to National Grid, the sale aligns with its strategy to focus on networks and streamline its business activities accordingly.

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