National Grid to Sell US Renewables in $1.7 Billion Deal with Brookfield Asset Management

Morgan Lewis and Skadden, Arps, Slate, Meagher & Flom are advising on the sale of National Grid’s U.S. onshore renewables business. This significant $1.7 billion transaction involves National Grid selling its assets to Brookfield Asset Management. The deal was recently announced on the London Stock Exchange. This move occurs against the backdrop of a U.S. administration that has expressed reservations about green energy initiatives. More information on this transaction can be found in the original article.