Uncategorized

NRG Energy completes acquisitions of EME, Dominion retail electricity business

NRG Energy (NYSE: NRG) completed the acquisitions of all assets of Edison Mission Energy for $2.6 million, and the retail electricity business of Dominion Resources (NYSE: D) for $165 million.

With the addition of EME’s 8,000-MW portfolio, NRG’s total fleet is more than 53,000-MW of generating capacity, making it the second largest in the U.S. The acquisition of Dominion’s retail electricity business will add more than 500,000 customer accounts to NRG’s retail footprint by the end of 2014, and double NRG’s northeast retail presence across eight states.

Subscribe to Power Engineering magazine