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News

NRG acquiring LS Power portfolio for nearly $10 billion

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NRG Energy to acquire LS Power’s natural gas assets in $12bn deal
NRG Energy has entered a definitive agreement to acquire LS Power Equity Advisors’ natural gas generation facilities and a commercial and industrial virtual power plant (C&I VPP) platform portfolio. The transaction includes a cash and common stock deal valued at approximately $12bn.

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GlobalData on MSN · 22h
 · 1d · on MSN
NRG Buys 18 Natural-Gas Power Plants in Bet on Soaring Energy Demand
 · 1d · on MSN
NRG acquiring LS Power portfolio for nearly $10 billion to compete in “power-demand supercycle” of data centers
Power Engineering
1d
NRG Energy doubles generation capacity with natural gas acquisition from LS Power
These facilities, located across nine states, expand NRG’s generation footprint in the Northeast and Texas, where most of its ...
1don MSN
NRG Energy Stock Soars as Q1 Results Handily Top Estimates
NRG Energy shares surged nearly 25% to lead the S&P 500 on Monday after the firm delivered better-than-expected first-quarter ...

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