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Stock Market & Financial Investment News

News Breaks
December 3, 2013
07:03 EDTNYLDNRG Yield to acquire Energy Systems assets for $120M in cash
NRG Yield has entered into an agreement to acquire the assets of privately held Energy Systems of Omaha, Nebraska for $120M in cash. NRG Yield intends to fund the purchase price using cash on hand and expects the acquisition to increase Cash Available for Distribution by approximately $8M in 2014. The assets will be acquired debt-free. NRG Yield expects the transaction to close by the end of the year.
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