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Stock impact report

GIP to buy some NRG assets for $1.4 bln [Reuters]

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: Reuters
GIP to buy some NRG assets for $1.4 bln - PE Hub US Edition (daily) Canada Edition (weekly) I accept the Terms and Conditions Global Infrastructure Partners said Feb. 7 that it has agreed to buy NRG Energy Inc ’s integrated U.S. renewable energy platform, including its controlling stake and 46 percent economic interest in NRG Yield Inc, as well as NRG’s renewable energy operations and maintenance and development businesses. The deal is valued at $1.375 billion. GIP has agreed to provide backstop support for NYLD’s agreed purchase of the Carlsbad Energy Center project. The deal is expected to close in the second half. PRESS RELEASE Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, announced today that its third equity fund, Global Infrastructure Partners III, has agreed to acquire NRG Energy, Inc.’s (NYSE: NRG) integrated U.S. renewable energy platform, including its controlling stake and 46% economic interest in NRG Yield, Inc. (NY Show less Read more
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