News
19 May 2025

National Grid records £303m US wind impairment

In:
Power, Renewables
Region:
Americas, Europe

National Grid has reported an impairment charge of £303 million ($403 million) in FY24/25 due to a pause of its offshore wind development.The impairment reflects current US policy uncertainties and the impact on the company’s offshore wind generation projects in the northeastern US. In...

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