By [email protected] Under pressure from investors and new board members, NRG Energy is preparing to sell off its renewable power plants as part of a wide-ranging restructuring plan.
NRG, a top competitive energy supplier with more than 45 gigawatts of conventional and renewable power assets in the U.S., has been working on the restructuring plan since February. It revealed details Wednesday morning.
The power provider is looking to sell up to $4 billion in assets across its coal, gas, solar and wind portfolio. That includes 6 gigawatts of conventional power plants and, potentially, more than 3 gigawatts of renewable energy plants.
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