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NRG Energy to Acquire Power Plants in Texas for $560 Million
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NRG Energy to Acquire Power Plants in Texas for $560 Million
Mar 13, 2025 12:41 AM

03:23 AM EDT, 03/13/2025 (MT Newswires) -- NRG Energy ( NRG ) said late Wednesday it has agreed to acquire six natural gas-fired power plants totaling 738 megawatts from Texas-based Rockland Capital for $560 million.

The company plans to fund the deal primarily through corporate debt and expects the deal to be accretive to earnings.

Closing of the deal is expected to occur in Q2, subject to regulatory approval.

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