NRG Energy to Acquire Dominion Retail Electric Book

NRG Energy, Inc. has entered into agreements with Dominion Resources, Inc. to acquire Dominion's retail electric business.

Dominion Retail currently serves more than 600,000 customer accounts in Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio and Pennsylvania, and through its Cirro Energy brand in Texas.

"Once completed, the acquisition will support NRG's ongoing efforts to expand the company's retail footprint in the Northeast and to grow its leading retail position in Texas," NRG said.

The transaction is expected to close by the end of March.

Terms were not disclosed