Clean energy company NRG Yield Inc said it would purchase California's Alta Wind Energy Center, the largest wind farm in North America, for $870 million from Terra-Gen Power LLC.The deal will add 947 megawatt (MW) to the wind portfolio of NRG Yield and parent NRG Energy Inc, making it the fifth largest in the continent at 2,839 MW.NRG Yield shares rose 2.2 percent to their life high of $47.95 on the New York Stock Exchange on Wednesday morning.The U.S. Environmental Protection Agency on Monday announced a plan to slash carbon emissions from the power sector by 2030 to 30 percent below 2005 levels.
NRG Energy, Inc. (NRG) is an integrated wholesale power generation and retail electricity company in the United States. Shares of NRG traded higher by 0.55% or $0.2/share to $36.26. In the past year, the shares have traded as low as $24.86 and as high as $36.07. On average, 3801700 shares of NRG exchange hands on a given day and today's volume is recorded at 235356.
NRG Yield, Inc. serves as the primary vehicle, through which NRG Energy, Inc. Shares of NYLD traded higher by 2.2% or $1.03/share to $47.95. In the past year, the shares have traded as low as $26.50 and as high as $47.49. On average, 304147 shares of NYLD exchange hands on a given day and today's volume is recorded at 72059.
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