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NRG to Acquire 18 Gas-Fired Power Plants for $12B

NRG Energy announced Monday (May12) that it is acquiring 18 natural gas-fired power plants across nine states from LS Power Equity Advisors for $12 billion, including debt.

As demand for dependable grid power for data and storage centers ramps up, the acquisition immediately expands the Houston-based power company’s generation footprint in the Northeast and Texas by 13GW, nearly doubling its firm-wide capacity to 25GW.

Allen Pusey

Allen Pusey is a senior editor and writer at The Texas Lawbook.

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