NRG Energy - Acquisition of Luminus Assets Leads to Stock Surge!

Business Driver: NRG Energy (NRG) is one of the leading regional electric utility companies in the US, serving more than 7 million residential and business customers in the USA and Canada through its core brands Reliant Energy and Green Mountain Energy. Currently, it is benefiting primarily from the prospect of a sustainable revival in energy demand driven by the increasing electricity requirements, especially due to the expansion of cloud and data centers. With the acquisition of significant portions of the natural gas generation capacities from...