PRINCETON, N.J.: NRG Energy, Inc. (NYSE:NRG) has closed on the previously announced sale of its interest in NRG Yield and its Renewables platform (the “Transaction”) to Global Infrastructure Partners (“GIP”). The Transaction resulted in $1.348 billion in cash proceeds to NRG1 and removes $6.7 billion of debt from NRG’s balance sheet2. “The asset sales are […]
NRG Closes on Sale of its Interest in NRG Yield and the NRG Renewables Platform
PRINCETON, N.J.: NRG Energy, Inc. (NYSE:NRG) has closed on the previously announced sale of its interest in NRG Yield and its Renewables platform (the “Transaction”) to Global Infrastructure Partners (“GIP”). The Transaction resulted in $1.348 billion in cash proceeds to NRG1 and removes $6.7 billion of debt from NRG’s balance sheet2. “The asset sales are a critical part of […]