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On the Record · GenOn Energy

GenOn Energy acquisitions, on the record

The businesses GenOn Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Sabine Cogen, L.P. (GenOn's 50% interest)
Word for word“On December 2, 2014, GenOn, through its subsidiaries GenOn Sabine (Delaware), Inc. and GenOn Sabine (Texas), Inc., completed the sale of its 50% interest in Sabine Cogen, L.P., or Sabine, to Bayou Power, LLC, an affiliate of Rockland Capital, LLC.” 10-K for 2015
divestitureOn December 2, 2014—
RRI Energy, Inc. (Mirant/RRI Merger)
Word for word“Mirant/RRI Merger The merger completed on December 3, 2010 pursuant to the Mirant/RRI Merger Agreement” 10-K for 2015
mergerThe merger completed on December 3, 2010—
Aurora Generating Station
Word for word“During the year ended December 31, 2016, GenOn received proceeds of $118 million related to the sale of Seward and Shelby during the first quarter, proceeds of $369 million related to the sale of the Aurora Generating Station during the third quarter and proceeds of $76 million related to the sale of an easement of land and real property located at Potrero during the first and third quarter of 2016.” 10-K for 2016
divestitureduring the third quarterproceeds of $369 million
Seward and Shelby
Word for word“During the year ended December 31, 2016, GenOn received proceeds of $118 million related to the sale of Seward and Shelby during the first quarter, proceeds of $369 million related to the sale of the Aurora Generating Station during the third quarter and proceeds of $76 million related to the sale of an easement of land and real property located at Potrero during the first and third quarter of 2016.” 10-K for 2016
divestitureduring the first quarterproceeds of $118 million
Potrero easement of land and real property
Word for word“During the year ended December 31, 2016, GenOn received proceeds of $118 million related to the sale of Seward and Shelby during the first quarter, proceeds of $369 million related to the sale of the Aurora Generating Station during the third quarter and proceeds of $76 million related to the sale of an easement of land and real property located at Potrero during the first and third quarter of 2016.” 10-K for 2016
divestitureduring the first and third quarter of 2016proceeds of $76 million
50% interest in Sabine Cogen, L.P. (Sabine)
Word for word“On December 2, 2014, GenOn, through its subsidiaries GenOn Sabine (Delaware), Inc. and GenOn Sabine (Texas), Inc., completed the sale of its 50% interest in Sabine Cogen, L.P., or Sabine, to Bayou Power, LLC, an affiliate of Rockland Capital, LLC.” 10-K for 2016
divestitureDecember 2, 2014—
Hunterstown generation station
Word for word“On February 22, 2018, GenOn entered into an asset purchase agreement with Kestrel Acquisition, LLC to sell the Hunterstown generation station, or Hunterstown, for cash consideration of $498 million, subject to working capital adjustments which are expected to be approximately $22 million.” 10-K for 2017
agreed divestitureOn February 22, 2018$498 million
Canal Units 1 and 2 electricity generating facilities
Word for word“On March 22, 2018, subsidiaries of GenOn entered into an agreement to sell the Canal Units 1 and 2 electricity generating facilities with a combined 1,112 MW capacity in Sandwich, Massachusetts, for cash consideration of $320 million.” 10-K for 2017
agreed divestitureOn March 22, 2018$320 million
Aurora generation station
Word for word“The decrease of $27 million was due to accelerated depreciation at Choctaw in 2016 due to a scheduled turbine conversion, the impairment of the Ormond Beach operating unit in 2016 and the sale of the Aurora generation station during the third quarter of 2016.” 10-K for 2017
divestitureduring the third quarter of 2016—

Deal filings since 2016

Read from GenOn Energy’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-03-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.