NRG Energy On Acquisition Spree
Posted on October 07, 2011 at 08:40 AM EDT
NRG Energy Inc. (NYSE:NRG) recently completed the purchase of a 250-megawatt (MW) solar project from SunPower Corp. (SPWRA). Located in Southern California, SunPower’s California Valley Solar Ranch (CVSR) project is backed by a loan guarantee of up to $1.237 billion from the Department of Energy’s Loan Programs Office. Also, NRG Energy completed the previously announced [...]

NRG Energy Inc. (NYSE:NRG) recently completed the purchase of a 250-megawatt (MW) solar project from SunPower Corp. (SPWRA). Located in Southern California, SunPower’s California Valley Solar Ranch (CVSR) project is backed by a loan guarantee of up to $1.237 billion from the Department of Energy’s Loan Programs Office. Also, NRG Energy completed the previously announced acquisition of Energy Plus Holdings LLC, adding a unique and compelling sales channel to its retail portfolio.
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