National Grid invests $40M in Clean Line Energy

11/27/2012 | Reuters

National Grid USA will invest $40 million to acquire an ownership interest in Clean Line Energy Partners, a developer of transmission projects that aim to bring renewable power to consumers, the companies said. "We strongly support the advancement of tomorrow's network technologies and clean energy resources in the U.S., and our equity investment in Clean Line underscores each of those objectives," said Tom King, president of U.S. business for National Grid.

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