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LS Power power looks to raise $2.1 billion stake sale in NRG Energy, Bloomberg News reports
LS Power is reportedly seeking to raise up to $2.1 billion through the sale of a stake in NRG Energy, according to Bloomberg News. This news comes as NRG Energy also announced a secondary offering of 12.3 million shares by LS Power and plans for a $300 million buyback. The article provides a company profile for NRG Energy, detailing its operations in electricity and natural gas production and distribution.