Brookfield Acquires National Grid Renewables; Rebrands as Geronimo Power
May 30, 2025
Brookfield Asset Management, together with its institutional partners including Brookfield Renewable Partners, completed the acquisition of National Grid Renewables from National Grid plc and will operate the business under the Geronimo Power brand. The Minneapolis-headquartered company develops and operates utility-scale solar, wind and energy storage (about 2 GW operating, 1 GW under construction and ~20 GW in development) and will continue scaling Brookfield’s U.S. renewables platform.
- Targets
- National Grid Renewables (now Geronimo Power)
- Sellers
- National Grid plc
- Industry
- Renewable Energy
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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