PRINCETON, N.J.–(BUSINESS WIRE)–NRG Yield, Inc. (NYSE:NYLD), has completed its acquisition of the assets of privately held Energy Systems Company (ESC) of Omaha, Neb., effective today.
“Our successful completion of this acquisition is the first example of NRG Yield fulfilling the promise of growth by executing quickly on a third-party transaction that adds value to our portfolio,” said David Crane, NRG Yield’s Chairman and Chief Executive Officer.
ESC is NRG Yield’s first acquisition outside its relationship with parent company NRG Energy, and the ninth thermal generation project in its portfolio.
About NRG Yield
NRG Yield owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the U.S., including fossil fuel, solar and wind power generation facilities that provide the capacity to support more than one million American homes and businesses. Our thermal infrastructure assets provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals and governmental units in ten locations. NRG Yield is traded on the New York Stock Exchange under the symbol NYLD. Visit nrgyield.com for more information.