May 15, 2025--Written by Jesse Broehl for Industrial Info Resources (Sugar Land, Texas)--Major merger and acquisition (M&A) deals are underway in the power generation space as the market faces high energy demand that is outpacing construction of new power generation. The latest is NRG Energy Incorporated (NYSE:NRG) (Houston, Texas), which announced Monday that it plans to acquire 13 gigawatts (GW) of natural gas power plants from LS Power Group (New York, New York). Both companies are large U.S.-based independent power producer (IPPs) with similar portfolios heavy on natural gas power plants.
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