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NRG Reports Purchase Price For Retail Books Including 115,000 Customers

November 8, 2018

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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

NRG has disclosed a purchase price for the recent acquisition of several retail customer books and brand names

In a 10-Q, NRG reported that, "Through the end of October 2018, the Company has agreed to acquire several books of customers totaling approximately 115,000 customers, along with brand names, for $44 million."

Although NRG in the 10-Q did not further specify the identity of the acquired books and brands, EnergyChoiceMatters.com exclusively reported in October (see story here) that NRG is acquiring the retail customer books and brand assets of Discount Power, Power Express and Volterra from Volterra Energy Holdings LLC (VEH)

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