NRG Energy & KeySpan acquire N.Y. generation:

NRG Energy & KeySpan acquire N.Y. generation:

NRG Energy Inc., a subsidiary of Northern States Power Co., will pay $505 million to Consolidated Edison Company of New York for the Arthur Kill Generating Station (842 MW), Staten Island, N.Y., and the Astoria Gas Turbine Site (614 MW), Queens, N.Y. KeySpan will pay $597 million for the 1,753 MW Ravenswood Generating Station and the 415 MW Ravenswood Gas Turbines, both in Long Island City, Queens.

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