Utility player NRG Energy will pay nearly $10 billion for 18 natural gas-fired power plants from LS Power in a move designed to prepare NRG for a domestic power market that’s set to soar.

The companies said NRG will pay $6.4 billion of the deal in cash, and $2.8 billion in stocks, to LS Power. NRG also will assume $3.2 billion of net debt at the close of the deal. “This ...

The deal's ~$12B enterprise value is comprised of $6.4B of cash consideration, $2.8B in stock consideration to LS Power - 24.25M shares of NRG stock using the 10-day trailing VWAP of $114.98 - $3 ...

(Bloomberg) — LS Power bet on buying and building natural gas power plants at a time when some analysts considered them almost relics, doomed to be sidelined by solar and wind. Now, utilities see ...

NRG Energy shares soar over 24% to record highs LS Power assets to expand NRG's portfolio in PJM power market Company reports 47% rise in first-quarter profit May 12 (Reuters) - NRG Energy (NRG.N ...

Research indicates that boats exclusively used in salt water, which are not maintained and cleansed with fresh water, may depreciate more rapidly. This could influence the book value 10% to 15%. A ...

NRG Energy agreed to acquire LS Power’s portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that would expand its footprint in Texas and along the East ...

“This transaction is a significant milestone for our firm and investors,” said Paul Segal, Chief Executive Officer of LS Power. “Over time, LS Power has carefully assembled ...

NRG Energy Inc. and LS Power Equity Advisors LLC have penned a deal under which NRG will acquire gas-fired power units with a combined capacity of about 13 gigawatts (GW) and a C&P VPP (commercial ...

LS Power is expected to own approximately 11% of the pro forma NRG shares outstanding and has committed to a 6-month lock-up period with respect to its equity ownership of NRG common stock.