NRG Energy anticipates entering into a $562 million loan deal with the Public Utility Commission of Texas under the Texas Energy Fund in September.
- Loan would be to support development at its Cedar Bayou generation facility
- Expected to bear interest at fixed coupon of 3.000% per annum and is expected to have a final maturity in Sept. 2045
- Initial $200 million disbursement expected to occur in September
- Company also conducting concurrent notes offerings in connection with LS Power deal
- NOTE:
NRG Energy Offers Sr Sec Notes and Sr Notes - NOTE, May 12:
NRG Energy Bets on Future of Gas With ...
- NOTE: