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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
09 May 2025

Facing the reality of Trump 2.0

The greatest impact of the second Trump administration is likely to be through its application of tariffs on global trade flows. But its impacts on project pipelines and...

Perspective
15 May 2025

Top takeaways: TXF Amsterdam 2025

The mood music at the 11th edition of the TXF Amsterdam Global Commodity Finance event was downbeat. Spawned by amplifying tariff concerns, limited debt appetite from...