According to National Grid, the sale aligns with its strategy to focus on networks and streamline its business activities ...
The deal is valued at approximately $1.74 billion, with the final cash consideration subject to customary completion ...
BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...
Brookfield Asset Management agreed to purchase National Grid's renewable energy business, including its utility-scale solar, ...
The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.
The transition to renewables is taking longer than previously thought, a senior member of BP has said, on the same day her ...
BP has confirmed that it will slash spending on net-zero transition businesses while ramping up its oil and gas operations.
Morgan Lewis Advises National Grid on Sale of US Onshore Renewables BusinessBOSTON, February 24, 2025: Morgan Lewis is ...
President Donald Trump pledged a U-turn away from the Biden administration's commitment to fighting climate change and ...
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production ...
The Clean Industrial Deal will support renewable energy sources within the European Union. The EU is facing cheaper competition from abroad and the threat of US tariffs.
The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...