NRG Energy to sell $4 billion in natural gas assets to LS Power
NRG NRG Energy Inc
$97.40 +10.32%
View chart & analysis → - 1NRG Energy has signed a definitive agreement to sell six natural gas power generation assets to LS Power.
- 2The transaction will proceed with NRG Energy's natural gas asset sale valued at $4 billion on an adjusted cash basis.
- 3NRG Energy's stock price rose 4.2% following the announcement.
So what's the key point?
NRG Energy agreed to sell six natural gas power generation facilities to LS Power for $4 billion. The company's stock price rose 4.2% following this deal.
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