NRG Energy completes sale of interest in South Texas Project

NRG Energy (NRG) announced its subsidiaries Texas Genco LP and Texas Genco GP have completed the sale of NRG South Texas LP, which owns a 44% interest in the South Texas Project Electric Generating Station, to Constellation (CEG) for $1.75B. STP is a 2,645 MW nuclear facility located about 90 miles southwest of Houston in Bay City, Texas. The 44% interest represented approximately 1,100 MWs of output. The sale received final regulatory approval from the Nuclear Regulatory Commission on October 30, 2023.