in News Departments > FYI
print the content item

NRG Energy Inc. and GenOn Energy Inc. have announced that the stockholders of both companies have approved the previously announced merger of the companies.

When the merger is completed, the combined company will have 47 GW of generating capacity comprising wind, solar, nuclear and fossil-fuel generation.

Previously, the Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period, the Public Utility Commission of Texas approved the transaction and the Nuclear Regulatory Commission made a threshold determination that its approval of the transaction was not required.

The merger remains subject to the satisfaction or waiver of other closing conditions, including regulatory approvals by the Federal Energy Regulatory Commission and the New York Public Service Commission.

The merger is expected to close by the first quarter of 2013.


Trachte Inc._id1770
Latest Top Stories

Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.

Canwea_id1984
Renewable NRG_id1934
Navigant_id1983