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Friday, February 27, 2015

NRG Yield to Buy Wind and Fuel-Cell Projects, Restructure Stock

NRG Yield Inc., a business created to hold power-generating assets developed by NRG Energy Inc. and other companies, agreed to spend about $41 million acquiring a fuel- cell project in Connecticut and majority stakes in two Colorado wind farms. NRG Yield is buying the University of Bridgeport Fuel Cell Project from Danbury, Connecticut-based FuelCell Energy Inc., as well as positions in Invenergy LLC's Spring Canyon II and III wind farms, according to a statement today.



via Danbury Newswire http://ift.tt/1ACap8p

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