West Monroe
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GasNRG Buying LS Power Gas-Fired Plants in $12-Billion Deal
NRG Energy announced it would acquire 18 natural gas-fired power plants with 13 GW of generation capacity as part of a $12-billion cash-and-stock deal with LS Power.
Houston, Texas-based NRG on May 12 said the deal, expected to close in the first quarter of 2026, would double the group’s overall generation capacity portfolio to 25 GW. The gas-fired plants are located in the U.S. Northeast and Texas, the company said Monday.
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T&DBuilding a Better Grid—Infrastructure Upgrades Require Ingenuity, Innovation, and Investment
The need for more reliability and resilience of power delivery, both in the U.S. and worldwide, has utilities and grid operators looking for solutions to the challenge of bolstering the electricity supply. Electric grid infrastructure, both in the U.S. and other parts of the world, needs an upgrade. Increased power demand from energy-intensive industries such […]
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NewsGE Splitting Into Three Companies, Will Spin Off Energy Group
General Electric (GE) has announced plans to split into three separate companies, breaking up into publicly traded groups for its energy, healthcare, and aviation divisions. The company on Nov. 9 said the GE Power, GE Renewable Energy, and GE Digital groups will be combined into one business, with the company pursuing a tax-free spin-off of […]