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New Deal


Announced

Completed

NRG Energy completed the acquisition of Direct Energy from Centrica for $3.6bn.

Financials

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Transaction Value£2,840m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA7.9x
Share Price Premium-
One Off Charge-

Tags

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United States

energy supply service

Friendly

Private

Majority

Single Bidder

energy trading

energy services

Electricity Distribution

energy supply

Acquisition

Domestic

Completed

Disposal

Synopsis

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NRG Energy, an American energy company, completed the acquisition of Direct Energy, the American utility business of Centrica, a British multinational energy and services company, for $3.6bn. “The acquisition aligns with our broader strategy of perfecting our integrated business model and drives significant value creation for our customers and stakeholders. Direct Energy ’s complementary assets, talented team and excellent customer service make it a natural fit for our portfolio, and we look forward to welcoming Direct Energy to the NRG team,” Mauricio Gutierrez, NRG President and CEO.

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