|Planned NRG and Edison Mission Energy Merger Receives Approval from FERC|
— Combination will create the second-largest US power company —
The acquisition of EME’s portfolio of renewable and conventional generation assets will create the second-largest US power company with enough capacity to support nearly 48 million American homes. EME will add nearly 8,000 megawatts (MW) of generating capacity to the combined company’s diverse portfolio of both conventional and wind generation facilities.
Additionally, NRG will become the third-largest US-based renewable energy generator with an industry-leading wind and solar portfolio. The addition of the assets demonstrate the company’s continued commitment to renewables.
The FERC approval represents the final regulatory authorizations
required to close the transaction and parties expect to close the
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
About Edison Mission Energy
With headquarters in
NRG Energy, Inc.