About National Grid Renewables
Company Overview
National Grid Renewables
Bloomington, MN, United States
2004
Approximately 340 employees (source: growjo.com). Revenue of $90.3 million in FY 2023 (source: growjo.com).
What They Do
National Grid Renewables specializes in the development, ownership, and operation of large-scale solar, wind, and energy storage projects across the United States. The company has a strong focus on America's Heartland, particularly from Minnesota to Texas, where it has established a significant presence in the renewable energy sector (source: growjo.com). Their services encompass the full project lifecycle, including origination, development, engineering, construction, financing, and power marketing. By 2025, the company had a robust pipeline that included over 2 gigawatts (GW) of operating assets, 1 GW under construction, and more than 20 GW in development (source: geronimopower.com). Target markets include utilities, corporations, and public sector off-takers seeking renewable energy purchase agreements (PPAs), with a community-driven approach that emphasizes landowner revenue and local benefits (source: nationalgridus.com).
Projects & Track Record
National Grid Renewables has developed a notable portfolio of renewable energy projects, including over 2,200 megawatts (MW) of operational or under-construction wind and solar projects by 2019. This includes a significant joint venture with the Washington State Investment Board, which acquired 379 MW of solar and wind projects for $125 million from Geronimo Renewable Infrastructure Partners (source: nationalgridus.com). As of 2025, the company operates more than 2 GW of power generation from solar, wind, and storage assets, with ongoing projects contributing to its extensive 20+ GW development pipeline (source: geronimopower.com). The geographic presence of the company spans the U.S. Midwest and South, with a focus on expanding its pipeline following the acquisition by Brookfield Asset Management.
Recent Developments
In the last two years, National Grid Renewables underwent significant changes, including its acquisition by Brookfield Asset Management for approximately $1.735 billion, announced in February 2025. This acquisition led to a rebranding to Geronimo Power on May 30, 2025, marking a transition from National Grid's portfolio to independent operation (source: geronimopower.com). The acquisition cycle began with National Grid's purchase of Geronimo Energy in 2019, showcasing a full circle in ownership (source: nationalgridus.com). The financial implications of this transition were noted in National Grid's FY24/25 results, which highlighted the sale proceeds contributing to a 20% rise in underlying earnings.
Working There
National Grid Renewables, now operating as Geronimo Power, offers a variety of roles across its operations, including positions in development, engineering, construction, origination, structuring, project finance, and power marketing. The company is headquartered in Bloomington, Minnesota, with satellite offices across various U.S. project sites in the Heartland (source: teaserclub.com). The culture of the company is deeply rooted in its farmer-founded origins, emphasizing community engagement and economic growth for rural areas. This ethos is carried forward by CEO Blake Nixon, who prioritizes landowner partnerships and community investments (source: geronimopower.com). While specific benefits documentation is limited, the company has a strong track record of sharing revenue with landowners and investing in community projects, projected to deliver $840 million in economic benefits from its current portfolios (source: geronimopower.com).
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