|U.S. Bankruptcy Court Approves Edison Mission Energy Plan of Reorganization; Approval of Sale of Assets to NRG Energy|
The acquisition of EME’s portfolio of renewable and conventional generation assets will make NRG the largest competitive US power company with about 53,600 megawatts of generating capacity. EME’s substantial wind generation portfolio, combined with NRG’s leading solar portfolio, will make NRG the third-largest US-based renewable energy generation company.
NRG expects to close the transaction by the end of the Q1 2014, following FERC approval.
NRG is leading a customer-driven change in the U.S. energy industry by
delivering cleaner and smarter energy choices, while building on the
strength of the nation’s largest and most diverse competitive power
portfolio. A Fortune 500 company, we create value through reliable and
efficient conventional generation while driving innovation in solar and
renewable power, electric vehicle ecosystems, carbon capture technology
and customer-centric energy solutions. Our retail electricity providers