NRG Energy to Sell Power Generation Assets to LS Power Affiliate for $4 Billion
NRG Energy entered into an agreement to sell nine subsidiaries to an LS Power affiliate for $4.0 billion in cash, subject to working capital and other adjustments.
NRG Energy entered into a purchase and sale agreement to sell nine subsidiaries and their direct and indirect subsidiaries to Orbit Acquisition Holdco, an affiliate of LS Power Equity Advisors. The transaction is valued at $4.0 billion in cash, subject to working capital and other adjustments, and…