NRG Energy to acquire gas generation facilities and a power plant from LS Power for $12bn.

NRG Energy, an energy and home services company, agreed to acquire gas generation facilities and a power plant from LS Power, a development, investment and operating company, for $12bn. "This acquisition transforms NRG’s generation fleet and broadens our customized product offerings, enhancing our ability to bring the future of energy to millions of customers across the US. We are in the early stages of a power demand supercycle, and we are excited to lead the way with reliable energy solutions that will drive considerable value for NRG and all of our stakeholders," Larry Coben, NRG Chair, President and CEO.