Global Infrastructure Partners $1.375 billion acquisition of NRG's renewable energy business

Overview:

• Infrastructure investor Global Infrastructure Partners (GIP) has acquired NRG's renewable energy business in a $1.375 billion deal. 
• The acquisition was made through GIP's equity fund, Global Infrastructure Partners III.
• Barclays and JP Morgan Securities acted as financial advisers for NRG. 
• The deal is expected to close in the second half of 2018.

Kurt Stumpo - Journalist