NRG Energy Agrees to Sell $4 Billion in Power-Generation Assets
NRG Energy said the sale will allow it to pay down debt and buy back more stock. The company also reported higher third-quarter earnings and revenue.
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12:23:11 PM UTC
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WASHINGTON (dpa-AFX) - NRG Energy Inc (NRG) reported a profit for its third quarter that Increases, from last yearThe company's earnings came in at $544 million, or $2.59 per share. This compares with $135 million, or $0.69 per share, last year.Excluding items, NRG Energy Inc reported adjusted ear…
By Connor HartNRG Energy said it will sell $4 billion worth of power-generation assets, a move that will allow the company to pay down debt and buy back more stock.The announcement came as the electricity provider reported higher profit and revenue in the recent quarter, fueled by what Chief Execut…