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Direct Energy

Company Summary

Recent news

  • 3/1/2021 - NRG Energy Closed on... (subscriber access)
  • 11/30/2020 - FERC Approves NRG... (subscriber access)
  • 10/9/2020 - DoJ & FTC Terminate HSR... (subscriber access)
  • 8/24/2020 - NRG Energy Enters Into... (subscriber access)
  • 8/24/2020 - NRG Energy Recieves... (subscriber access)

Company Transactions

Date: 1/5/2020
Type: Acquisition

BUYERS:
  • NRG Energy Inc
  • DETAILS:

    COST: 3.525 $B

    NOTES:
    NRG Energy reported that the $3.625 billion purchase of Direct Energy closed on January 5, 2021. They funded the deal with $715 million in cash on hand, $166 million in draws on the corporate revolver and $2.9 billion in newly issued debt.
    REGIONS:
  • North America