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-0.000632911392405087 -0.000421940928270108 -0.00131856540084388 -0.00200421940928283 0.00216244725738395 0.00517932489451476 0.00622362869198301 0.00622362869198301
Stock impact report

NRG expands Texas footprint with natural gas acquisition [Yahoo! Finance]

NRG Energy, Inc. (NRG) 
Last nrg energy, inc. earnings: 11/7 07:06 am Check Earnings Report
US:NYSE Investor Relations: investors.nrg.com
Company Research Source: Yahoo! Finance
The deal, priced at $760/kW, includes one combined-cycle unit and five peaker units, enhancing NRG's market position. Funded through corporate debt, the earnings-accretive acquisition aligns with NRG's capital plan. NRG business and wholesale operations president and executive vice-president Robert J Gaudette stated: “This acquisition re-inforces our position as a leading generator in Texas. Expanding our natural gas generation portfolio with modern, flexible assets enhances our integrated platform as Texas experiences record electricity growth driven by electrification, onshoring, population growth and data centres – creating long-term value for our shareholders.” The acquisition requires Hart-Scott-Rodino (HSR) approval and is expected to close in the second quarter of 2025. NRG Energy is also investing $2.5m in Equilibrium Energy, an energy technology platform that utilises AI to improve energy portfolio optimisation capabilities. The investment aims to provide NRG with Show less Read more
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