Independent infrastructure investor GIP acquires NRG Energy’s renewable energy business

Global Infrastructure Partners (GIP),  global, independent infrastructure investor, will acquire NRG Energy U.S. renewable energy business, including its operations and maintenance and development businesses. GIP is acquiring the business for $1.375 billion in cash, subject to certain adjustments. In addition, GIP has agreed to provide backstop support for NRG's agreed purchase of the Carlsbad Energy…

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