NRG Energy (NRG) agrees to buy the Gregory cogeneration plant in Corpus Christi, Tex., for...

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

NRG Energy (NRG) agrees to buy the Gregory cogeneration plant in Corpus Christi, Tex., for ~$244M to expand its presence in Texas. NRG says the plant is equivalent to a ~560 MW combined-cycle gas turbine plant with generation capacity of ~400 nominal MW and steam capacity of more than 1M lbs./hour.