NRG acquires California-based solar power firm

NRG Energy Inc. (NYSE: NRG) said it has acquired San Francisco-based Solar Power Partners (SPP), a developer of commercial and industrial (C&I) distributed solar projects.

In addition to 30 MW of distributed solar projects in operation or under construction, NRG said it will also secure development rights to Solar Power Partners’ pipeline of development projects in California, Hawaii, Arizona, Connecticut, New Mexico, Massachusetts, New Jersey, Ontario and Puerto Rico.

SPP sites include grocery stores, hospitals, universities, office buildings, municipal buildings, schools and airports.

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