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Stock Market & Financial Investment News

News Breaks
December 14, 2012
05:17 EDTNRG, GENNRG Energy,GenOn Energy merger approved by FERC, NY PSC
NRG Energy (NRG) and GenOn Energy (GEN) jointly announced that the Federal Energy Regulatory Commission, or FERC, and New York Public Service Commission, or N.Y. PSC, have approved the previously announced merger of NRG and GenOn. The combination of NRG and GenOn will create the nation's largest competitive generator of electricity, with about 47,000 megawatts of generating capacity. The combined company's diverse portfolio of both conventional and renewable generation facilities can power nearly 40M American homes. The FERC and N.Y. PSC approvals represent the final regulatory authorizations required to close the transaction. The N.Y. PSC approved the merger at an open meeting. NRG and GenOn expect the written order memorializing the N.Y. PSC approval of the merger will be issued before the end of the week and the companies will close the transaction promptly after receiving the written order.
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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.
August 11, 2014
14:29 EDTNRGNRG Energy reports 6.6% FuelCell stake after financing agreements
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