NRG Energy to Acquire Green Mountain Energy Company for $350 Million

NRG Energy, a Fortune 500 energy company, announced earlier this month that it has entered into a definitive agreement to acquire Green Mountain Energy Company, a retail provider of clean energy products and services in the U.S., for $350 million in cash.  This transaction is expected to close by mid-November. Green Mountain was founded in … Read more

NRG Energy Invests Approximately $10 Million in eSolar and Will Develop Solar Thermal Power Plants Using eSolar Technology

Today NRG Energy announced that it signed an agreement with eSolar to develop solar thermal power plants with a total generation capacity of up to 500 megawatts (MW) at sites in California and the Southwest.  In addition, NRG will invest approximately $10 million for equity and associated development rights for three projects on sites in south central … Read more