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Carney’s Brookfield acquires National Grid renewables in £1.3bn net zero push

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Mark Carney in Mark Carney Brockefield concluded a deal to gain the arm of renewable energy sources in the national network with $ 1.7 billion (1.3 billion pounds), which strengthens the credentials of the former bank ruler in England carrying the next Prime Minister in Canada.

The Canadian Asset Director, who is expected by Mr. Carne Kras, expects to complete the acquisition at the end of September. Her revenge on the renewable energy sources of the national networks in the United States follow the collection of the last $ 10 billion in the environment's investment fund.

National Grid, FTSE 100, which runs a large part of the British electricity system, empties non -basic assets to focus on the infrastructure on power generation. It has already announced plans to invest 35 billion pounds in the transfer of electricity until 2031 and a total of 60 billion pounds in networks by the end of the contract, which includes operations in both the United Kingdom and the United States. The group also put the LNG station in the UK in the grain on the market.

Mr. Carney, 59, hopes that Justin Trudeau will succeed as the leader of the Canadian Liberal Party in the March 9 competition. If he wins, he will lead his party to general elections that must take place by late October. He was a voice defender of climate friendly policies, on the pretext that “there are money that you must make” in the transition to zero, and criticized the position of former Prime Minister Rishi Sonak Environmental.

However, Mr. Carne may face renewed pressure from the White House Donald Trump on zero targets. Mr. Trump has returned to his position with a pledge to “drill, child, drilling”, which increases local oil production and withdrawing the United States from international climate agreements. Last week, the new Energy Minister Chris Wright condemned Britain's ambition to reach zero by 2050 as a “evil”, and insisted that he paid home bills and made manufacturing unpopular.

Mr. Carne was previously criticized for publicly calming it, Chancellor Rachel Reeves in the last general elections in the United Kingdom. Now, despite this, attention focuses on his political ambitions in Canada and how the bright renewable Brukvield deal may enhance his green agenda on the world stage.


Jimmy Young

Jimmy is a major business correspondent, as he brings more than a decade of experience in the commercial reports of small and medium -sized companies in the United Kingdom. Jimmy holds a certificate in business administration and regularly participates in industrial conferences and workshops. When not reporting the latest business developments, Jimmy is excited to direct journalists and new businessmen to inspire the next generation of business leaders.

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