NRG Energy completed the acquisition of Vivint Smart Home for $5.2bn.

NRG Energy, an American energy company, completed the acquisition of Vivint Smart Home, a smart home platform company, for $5.2bn. “Last year at our Investor Day, we presented our strategic roadmap to becoming the leading provider of essential services for homes and businesses, informed by consumer trends and underpinned by disciplined execution. The acquisition of Vivint is a transformational step in achieving our vision. Customers want simple, connected, and customized experiences that provide peace of mind. Vivint’s smart home technology strengthens our retail platform, improves our customer experience, and increases customer lifetime value. I am excited to welcome Vivint to the NRG family,” Mauricio Gutierrez, NRG President and CEO.