Your email has been successfully added to our mailing list.

×
-0.00666666666666666 -0.00370370370370362 -0.00740740740740738 -0.0144444444444443 -0.00666666666666666 -0.0122222222222222 -0.00518518518518507 -0.022037037037037
Stock impact report

NRG Divesting $2.8 Billion in Assets Following Singer's Push [Bloomberg Business News]

NRG Energy, Inc. (NRG) 
Last nrg energy, inc. earnings: 11/7 07:06 am Check Earnings Report
US:NYSE Investor Relations: investors.nrg.com
NRG Energy Inc. , the U.S. power generator prodded by billionaire investor Paul Singer to unload assets, agreed to $2.8 billion in divestitures in one of the largest-ever renewable energy deals. The linchpin: Global Infrastructure Partners agreed to pay $1.38 billion in cash for NRG’s renewable energy platform and a controlling stake in its publicly traded wind and solar company, NRG Yield Inc. , according to a statement Wednesday. Under the agreement, set to close in second half of 2018, GIP’s third equity fund would take a 46 percent stake in NRG Yield . NRG Energy also is selling power plants in Louisiana to Cleco Corporate Holdings LLC for $1 billion, and other assets to NRG Yield for $407 million. The agreements come more than a year after Singer’s Elliott Management Corp. and C. John Wilder’s Bluescape Energy Partners disclosed an activist stake in NRG and pressed it to cut costs and streamline operation Show less Read more
Impact Snapshot
Event Time:
NRG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NRG alerts
Opt-in for
NRG alerts

from News Quantified
Opt-in for
NRG alerts

from News Quantified