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Stock Market & Financial Investment News

News Breaks
March 19, 2014
08:11 EDTNRG, EIXNRG Energy, Edison Mission Energy merger receives FERC approval
NRG Energy (NRG) and Edison Mission Energy, a unit of Edison International (EIX), jointly announced that the Federal Energy Regulatory Commission has approved the previously announced sale of substantially all of EME’s assets to NRG. The acquisition of EME’s portfolio of renewable and conventional generation assets will create a power company with enough capacity to support nearly 48M American homes. EME will add nearly 8K megawatts of generating capacity to the combined company’s portfolio of both conventional and wind generation facilities. The FERC approval represents the final regulatory authorizations required to close the transaction and parties expect to close the transaction on April 1.
News For NRG;EIX From The Last 14 Days
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August 22, 2014
10:01 EDTEIXOn The Fly: Analyst Upgrade Summary
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08:57 EDTEIXEdison International upgraded at BMO Capital
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06:31 EDTEIXEdison International upgraded to Outperform from Market Perform at BMO Capital
August 14, 2014
07:06 EDTNRGNRG Energy to acquire Goal Zero, terms not disclosed
NRG Energy and Goal Zero have reached an agreement that will bring the rapidly growing consumer products company into the NRG family of companies. The acquisition aligns with NRG’s mission to lead the market in offering cleaner, smarter choices and sustainable lifestyle solutions to end-use energy consumers across the country. Financial terms of the transaction were not disclosed. The transaction is subject to customary closing conditions, including regulatory clearances, and is expected to be finalized in the third quarter.

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