NRG Energy buys solar developer Solar Power Partners

Princeton, N.J., November 21, 2011 – NRG Energy acquired San Francisco-based Solar Power Partners, a developer of commercial and industrial distributed solar projects.

In addition to 30 MW of distributed solar projects in operation or under construction, NRG also will secure development rights to Solar Power Partners’ extensive 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.

Solar Power Partners will become an integral part of NRG Solar, an NRG subsidiary. The company has completed almost 50 commercial solar facilities and brings a team with deep experience developing, financing and operating projects. Solar Power Partners also specializes in creating long-term partnerships with customers to tailor each solar system to meet specific needs.

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