Blackstone to buy Dynegy, sell plants to NRG Energy
Blackstone Group said on Friday it will buy power producer Dynegy Inc for $543 million in cash and sell four of its power plants to NRG Energy in the latest shake-up in the hard-hit power industry.
NRG Energy Inc. said Monday it has agreed to acquire Houston-based GenOn Energy Inc. in a $1.7 billion stock-for-stock deal.