NRG goes on a buying spree to expand U.S. presence

“We are excited to welcome Cirro Energy customers to the NRG family,” Elizabeth Killinger, president of NRG Retail Texas, said in a statement.

NRG Energy Inc. (NYSE: NRG) is expanding its nationwide reach by buying the retail electric business of Virginia-based Dominion Resources Inc. (NYSE: D) and California-based Edison Mission Energy, a subsidiary of Edison International (NYSE: EIX).

NRG, which has dual headquarters in Houston and New Jersey, is gaining a larger Texas presence, while also taking over much of Virginia-based Dominion’s northeastern business. The acquisition of Dominion Resources’ retail electric business includes the Plano-based Cirro Energy brand in Texas.

Read Full Article