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NRG Eyes Renewables as Key Part of $4 Billion in Asset Sales as Prices Pummel Profits


Industry Segment: Power | Word Count: 621 Words

SUGAR LAND--July 13, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--NRG Energy (NYSE:NRG) (Princeton, New Jersey), the largest independent U.S. power producer, plans to raise as much as $4 billion through asset sales over the next three years, in an effort to slash debt by $13 billion. Between half and all of the company's renewables-focused subsidiary, NRG Yield, is on the chopping block, according to executives. Industrial Info is tracking nearly $4 billion in active projects involving NRG, including about $890 million in renewable projects.

Within this article: Details on the some highest-valued projects involving NRG, in both the renewable and fossil-fuel sectors.

Other companies featured: First Solar Incorporated (NASDAQ:FSLR), Moody's Corporation (NYSE:MCO), General Electric (NYSE:GE)

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