Tag Archives: public services

NRG to buy direct power from Centrica for $ 3.6 billion

Text size JOSH EDELSON / AFP via Getty Images Centrica’s shares soared more than 17% after it agreed to sell Direct Energy, its North American energy business, to NRG Energy for $ 3.6 billion in cash. Houston-based Direct Energy provides electricity, natural gas, and home services to consumers and businesses …

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PG&E Stock is going up to start its first day of bankruptcy

Text size Justin Sullivan / Getty Images Pacific Gas and Electric shares opened higher on the first day of trading for the California utility company after emerging from bankruptcy. PG&E (ticker: PCG) requested the Chapter 11 reorganization in January 2019 after it was discovered that their team caused some of …

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