Brookfield buys the job of renewable sources of national network in the US for $ 1.7 billion

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Brookfield’s leader buys businesses at renewable sources of national network source in the US for $ 1.7 billion, emphasizing his trust in the sector despite the Agenda against the fever of President Donald Trump.

London -friendly National network Put the business for sale last year as it is trying to focus on its basic energy networks.

The agreement comes weeks after Trump used your first week in an office Stop wind approval at sea and stop the incentives of valuable billions of dollars for green energy.

However, the President of Brookfield Connor Tesky said the Financial Times Earlier this month, it was expected that the presidential focus on “growth, industrialization and US excellence” was to increase the demand for electricity.

The National Network Agreement consists of 3.1 Gigavata Solar, land assets for wind storage and batteries, either in operation or built.

“The increase in demand growth requires companies to use all and all kinds of solutions to produce energy,” he said earlier this month. “Renewable energy sources will benefit from this and will play a leading role because of its cheap position.”

New York with headquarters Stream He recently bought a majority stake in the French Energy Manufacturer Neen, and Sesky said he was looking for more companies that were listed on the list to buy with respect to the “big” gap between public and private estimates.

Last year, he signed a contract with Microsoft for the development of 10.5 gigavate green energy capacity to help supply data centers, emphasizing an increase in interest in green energy from technological companies.

Announcing sales on Monday morning, National Grid said he was expecting a contract to close later this year.

The FTSE 100 company owns gas and electric networks in the United States -UK.

He invests in his electricity network because he expects the demand for electricity to increase as part of a shift to renewable energy sources.

He has collected £ 7 billion at the matter of May last year to help financing work, and also plans to sell his liquefied terminal for natural gas on Grain Island, England.

The business of renewable sources in the United States is part of the national network department sitting outside its regulated networks. For half -year by the end of September 2024, National Ventures Grid achieved a basic operating profit of £ 147m.