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NRG Energy Inc. has struck a deal to acquire the combined-cycle Gregory cogeneration plant in Corpus Christi, Texas, for about $244 million.
Under the agreement, NRG will acquire the natural gas-fired plant from a consortium of affiliates of Atlantic Power Corp., John Hancock Life Insurance Co. (USA) and Rockland Capital LLC, according to an April 8 news release.
According to NRG, the plant has a generation capacity of approximately 400 nominal MW and steam capacity of more than a million...