Funding and M&A Roundup: NRG Energy Buys Smart Grid Company Vivint for $2.8 Billion

Power Producer Encavis AG's Fund Closes Investment Phase with €1.13 Billion

December 14, 2022

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NRG Energy has entered into a definitive agreement to acquire Vivint Smart Home in an all-cash transaction at $12 per share totaling $2.8 billion. The acquisition is expected to help accelerate NRG’s new growth strategy and diversify the company’s financial profile. The transaction is expected to close in the first quarter of 2023.

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