Constellation Energy has announced an agreement to acquire NRG Energy’s 44% stake in the South Texas Project Electric Generating Station, a 2.64GW dual-unit nuclear plant located approximately 90 miles southwest of Houston. The deal, valued at $1.75 billion, solidifies Constellation Energy’s position in the nuclear energy sector and expands its portfolio of clean and reliable […]
NRG Energy has agreed to acquire US-based publicly-listed Vivint Smart Home for a consideration of $5.2 billion or $12 per share, which includes around $2.8 billion in cash and the assumption of $2.4 billion debt. The combined entity with a network of around 7.4 million customers across North America, is expected to become one of […]
NRG Energy has secured approval from the US Federal Energy Regulatory Commission (FERC) for its previously announced $3.62 billion acquisition of Direct Energy from Centrica, a British electric services company. The US energy company said that the acquisition is likely to close in the first week of January 2021. NRG Energy acquisition of Direct Energy […]
NRG Energy acquisition of Direct Energy : US energy company NRG Energy has agreed to acquire Direct Energy, a North American subsidiary of British electric services company Centrica, in an all-cash deal worth $3.62bn. Direct Energy is a retail provider of electricity, natural gas, and energy-related products and services for homes and businesses across all […]