National Grid has completed its $100 million acquisition of Geronimo Energy, a recognized wind and solar developer in North America. The deal, first announced in March of this year, has now satisfied all regulatory requirements and closing conditions. A power provider for New York, Rhode Island, and Massachusetts, National Grid has also entered into a…
National Grid to acquire wind and solar developer, Geronimo Energy
National Grid announced an agreement to acquire Geronimo Energy, a clean energy company based in Minneapolis, MN. According to the companies, National Grid has agreed to pay $100 million for the transaction, with the potential for further payments subject to successful development of the project pipeline. In addition to regulated utility operations, National Grid helps…