Electric Utilities M&A » By The Online Investor Staff, updated Tue., Apr. 16, 4:09 AM
Recent mergers and acquisitions in the Electric Utilities M&A category.
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Slide #28. NRG Energy, Inc. — Energy Curtailment Specialists
Acquirer:
NRG Energy, Inc. (NYSE:NRG)
Acquiree:
Energy Curtailment Specialists
Details:
NRG Energy, Inc. (NYSE:NRG) has acquired Energy Curtailment Specialists (ECS), one of the largest, private demand response providers in North America. ECS offers business customers ways to contribute to energy load reduction during times of peak demand. Energy Curtailment Specialists currently manages more than 2,000 megawatts of demand response across the country for over 5,000 customers.
NRG Energy is a consumer services company. Co. is engaged in producing and selling energy and related products and services. Co. sells power, natural gas, and home and power services, and develops sustainable solutions, under the brand names NRG, Reliant, Direct Energy, Green Mountain Energy, Stream and XOOM Energy. Co.'s segments are: Texas, which includes all activity related to customer, plant and market operations in Texas, other than Cottonwood Generating Station; East, which includes all activity related to customer, plant and market operations in the East; and West/Services/Other, which includes all activity related to customer, plant and market operations in the West and Canada.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 27th percentile
(ranked lower than approx. 73% of all stocks covered)
Analysts' Target Price: NRG Stock Forecast Based on Zacks ABR data; powered by Xignite |
