05 Sep GIP acquires NRG Energy’s renewables unit as sector dominates Q2 M&A activity
Investment firm Global Infrastructure Partners (GIP) has completed its acquisition of NRG Energy's US renewable energy business for a cash sum of US$1.3 billion. The deal has also cleared $6.7 billion worth of debt incurred by NRG and gives GIP 2.2GW of wind and 973MW of...