NRG Energy (NRG) Makes Offer For Calpine (CPN)

NRG Energy (NRG) made an unsolicited offer of $9.6 billion in stock for Calpine (CPN). The bid would make NRG the largest independent power company in the US. Calpine has interests in 60 natural gas-fired plants across the US and 17 geothermal plants in California, giving them an attractive carbon footprint.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at