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NRG Looks to Electrify its Business with $11.3 Billion Calpine Takover

May 23rd, 2008 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

Princeton, NJ- based NRG Energy Inc. (NRG) has publicly acknowledged its estimated $11.3 billion takeover bid for Calpine Corp. (CPN) – a wholesale provider of electricity emerging from chapter 11 bankruptcy protection.