UK's National Grid Set to Sell US Renewables Unit to Brookfield for $15 Billion

In a significant development within the renewable energy sector, the UK's National Grid has announced plans to divest its US renewable energy unit to Brookfield Renewable Partners. This decision marks a pivotal moment for the National Grid, as they aim to focus on their core operations while receiving a substantial monetary influx. The deal is estimated to be valued at around $15 billion, making it one of the largest transactions in the renewables market to date.

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