Baker Botts Reps NRG In $2.6B Bankrupt Edison Mission Buy

Law360, New York (October 18, 2013, 5:42 PM EDT) -- NRG Energy Inc. said Friday that it's agreed to purchase virtually all the assets of bankrupt Edison Mission Energy for $2.6 billion, adding nearly 8,000 megawatts of power generation to the electricity giant's portfolio.

NRG will acquire EME's power generation portfolio — which consists of both fossil fuel and renewable generation — as well as its proprietary trading and asset management platform.

In connection with the deal, NRG will also assume more than $1.5 billion in nonrecourse debt, of which $273 million is associated with assets...
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