NRG Receives Final OK to Acquire LS Power’s Gas-Fired Power Plants

Last May, NRG Energy announced a deal to acquire LS Power’s portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that will expand NRG’s footprint in Texas and along the East Coast (see NRG Buys 18 Gas-Fired Power Plants, Including 5 in PA, for $12B). The acquisition will add 18 more natural-gas-fired facilities in nine states, including five in Pennsylvania and one in Ohio, doubling NRG's generation capacity to approximately 25 gigawatts (GW). NRG announced yesterday that it has received antitrust clearance from the U.S. Department of Justice (DOJ), the last hurdle before the deal can close.

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