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NRG Eyes Renewables as Key Part of $4 Billion in Asset Sales as Prices Pummel Profits, an Industrial Info News Alert

NRG Eyes Renewables as Key Part of $4 Billion in Asset Sales as Prices Pummel Profits, an Industrial Info News Alert

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Researched by Industrial Info Resources (Sugar Land, Texas)–NRG Energy (Princeton, New Jersey), the largest independent U.S. power producer, plans to raise as much as $4 billion through asset sales over the next three years, in an effort to slash debt by $13 billion. Between half and all of the company’s renewables-focused subsidiary, NRG Yield, is on the chopping block, according to executives. Industrial Info is tracking nearly $4 billion in active projects involving NRG, including about $890 million in renewable projects.

Within this article: Details on the some highest-valued projects involving NRG, in both the renewable and fossil-fuel sectors.

Other companies featured: First Solar Incorporated, Moody’s Corporation, General Electric

For details, view the entire article by subscribing to Industrial Info’s Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info’s quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what’s happening now, while constantly keeping track of future opportunities.

Anand Gupta Editor - EQ Int'l Media Network

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