NRG Energy Expands Texas Power Capacity With 738-MW Acquisition

NRG Energy (NRG) announced that it has entered into a definitive agreement to acquire six power generation facilities from Texas-based Rockland Capital, LLC, adding 738 megawatts (MW) of modern, flexible natural gas-fired capacity to its portfolio.An Insight Into NRG’s AgreementThe acquisition is subject to Hart-Scott-Rodino regulatory approval and is expected to close in the second quarter of 2025.NRG Energy is acquiring these assets for $560 million or$760 per kilowatt, significantly below the cost of ne ...