- NRG Yield (NYLD) has agreed to acquire the assets of privately held Energy Systems (ESC), a provider of heating and cooling thermal energy, for $120M in cash.
- ESC serves almost 14M square feet of data center, commercial, educational, hospital, cultural and governmental space in Omaha. The average remaining life of customer contracts exceeds 11 years.
- The deal will be immediately accretive to the amount of money that NRG will have available to distribute by 8%. (PR)
NRG Yield to buy Omaha company for $120M
Dec 3 2013, 07:30 ET