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Stock Market & Financial Investment News

News Breaks
July 21, 2014
07:05 EDTNRG, TOSBFNRG Energy acquires Spanish Town Estate Solar project
NRG Energy (NRG) announced the acquisition of the 4 megawatt Spanish Town Estate Solar project on the island of St. Croix in the U.S. Virgin Islands from Toshiba (TOSBF). Once completed, the power will be sold to the U.S. Virgin Island Water and Power Authority under a 25-year power purchase agreement. The project also is expected to help the USVI achieve their renewable energy goals to reduce its fossil fuel based energy consumption by 60% over the next 10 years. Construction of the Spanish Town Estate Solar project began in April and is expected to generate enough electricity to power more than 1,500 homes. The solar facility will require no fuel and minimal water. It is expected to create nearly 100 direct and indirect jobs during construction and to inject a total of approximately $3M into the local economy. With the purchase of the project, NRG, through its subsidiaries, will be the sole owner of the facility, while Toshiba will continue to serve as the lead on engineering, procurement and construction.
News For NRG;TOSBF From The Last 14 Days
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September 30, 2014
16:16 EDTNRGDynegy, Exelon, NRG Energy upgraded at ISI Group
ISI Group said capacity market improvements could overcome gas basis concerns for the independent power producers it covers. The firm raised its ratings on Dynegy (DYN) and Exelon (EXC) to Buy, upped its rating on NRG Energy (NRG) to Strong Buy and reiterated its Buy rating on PPL Corp. (PPL). ISI kept a $34 price target on Dynegy, kept a $36 target on PPL Corp., raised its price target Exelon to $39 from $33 and hiked its target NRG to $40 from $34.
16:08 EDTNRGNRG Energy upgraded to Strong Buy from Buy at ISI Group
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September 24, 2014
06:11 EDTTOSBFToshiba announces business vision for Southeast Asia
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September 23, 2014
11:03 EDTNRGNRG Energy management to meet with Wolfe Research
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08:15 EDTNRGNRG Energy resumed with a Buy at Deutsche Bank
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September 18, 2014
06:07 EDTTOSBFToshiba reduces PC division workforce by 900 employees
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