Emerald Energy Venture

National Grid Joint Venture Secures $150 Million Portfolio Revolving Facility to Advance Multiple U.S. Renewable Energy Projects

Press Release

Waltham, MA, July 21, 2021 /3BL Media/ – National Grid (NYSE: NGG), one of the largest investor-owned utility companies in the world, announced today that its Emerald Energy Venture, LLC joint venture has secured an innovative $150 million Portfolio Revolving facility, with an accordion feature that will allow an increase to $250 million beginning in mid-2022, to support the growth of its renewable energy portfolio in the U.S.

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