POWER Magazine•3 months ago
FERC Approves NRG Energy Plan to Buy 12.9 GW of Gas-Fired Generation
- •FERC has approved NRG Energy's $12 billion acquisition of 12.9 GW of gas-fired generation from LS Power, primarily located within the PJM market.
- •This transaction represents a significant consolidation of conventional generation assets under a single entity in PJM, potentially influencing future capacity market dynamics and power prices.
- •The regulatory approval signals continued support for large-scale mergers and acquisitions involving existing generation assets, impacting the competitive landscape for independent power producers (IPPs) and developers.
capacity-market