Business

AM Best affirms Issue Credit Rating of Weston2038 LLC’s Credit-Linked Note

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” to the $846 million (of which $742 million remains outstanding) 6.00% Variable Funding Credit-Linked Note (note), due July 1, 2038, issued by Weston2038 LLC (Weston2038), a Delaware

Business, Local News

NRG Energy Inc. to acquire Direct Energy

Acquisition Expected to Add More Than Three Million Residential and Commercial & Industrial Customers Across 50 States and Canada, Supporting NRG’s Integrated Strategy To Enhance Free Cash Flow Strength and Stability PRINCETON, N.J.–(BUSINESS WIRE)–NRG Energy Inc. (NYSE: NRG) today announced it has