National Grid Turns U.S. Investments Toward T&D Buildouts

June 2, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--As National Grid plc (London, England) shifts its focus to its energy network business, the company is preparing to sell off its U.S.-based renewable power-generation assets and build out its transmission and distribution (T&D) portfolio, especially in one of its biggest hotspots--New York State. Industrial Info is tracking more than $14 billion worth of active and proposed projects from National Grid, about half of which is attributed to U.S.-based developments. National Grid said in February it had agreed to sell its U.S.-based onshore renewables business, National Grid Renewables US, to Brookfield Asset Management (Toronto, Ontario) and its institutional partners, including Brookfield Renewable Partners, for about $1.74 billion, including debt. Other companies featured: JinkoSolar