Shares of power producers rose as Treasury yields declined, making dividend yields in the sector more appealing.
U.K. power producer National Grid agreed to sell a 60% stake in its U.K. gas-transmission business to a consortium of infrastructure investors comprised of Macquarie Asset Management and British Columbia Investment Management.
The price of renewable-energy projects are rising worldwide in a ripple effect of the war in Ukraine -- the continuation of a phenomenon some analysts dub "greenflation."
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-28-22 1755ET
