NRG Energy announced on October 14, 2024, that it has sold its renewable advisory group to CBRE. This divestiture is part of NRG's ongoing portfolio management and strategic adjustments.
The transaction is expected to bolster CBRE's capabilities in helping clients integrate renewable energy across their real estate portfolios. For NRG, this move streamlines its operations and allows for a more focused approach on its core energy generation and retail businesses.
While specific financial terms of the sale were not disclosed in the available information, divestitures of business units can impact a company's revenue streams and asset base, influencing future financial performance and strategic direction.
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