Vivint Smart Home — smart home / energy services platform serving 5+ million customers
NRG's largest take-private since Direct Energy. Creates leading essential home services platform serving 7.3M customers in North America. Includes smart home, energy efficiency, and DR/VPP capabilities — strategic positioning for the convergence of retail energy and home automation.
$5.20B
Deal Value
Other
Technology
UT
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Vivint Smart Home shareholders
- Buyer / Financier
- NRG Energy
- Deal Value
- $5.2B (incl. debt); $2.8B equity ($12/share)
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- NRG Energy
Related Deals
LS Power generation portfolio — 13 GW natural gas across 18 facilities in 9 states, plus CPower 6 GW VPP platform
LS Power → NRG Energy
$12B
6 natural gas generation facilities — 738 MW total capacity
Rockland Capital → NRG Energy
$560M
44% ownership stake in South Texas Project (STP) — 2,645 MW dual-unit nuclear plant, Bay City, Texas (ERCOT)
NRG Energy → Constellation Energy
$1.75B ($1.4B effective after tax benefits)
Enel Green Power NA geothermal and solar portfolio — Cove Fort (UT), Stillwater & Salt Wells (NV), solar assets (CT)
Enel Green Power North America → Ormat Technologies
$271M
STX Midstream — South Texas natural gas pipeline assets (NET Mexico pipeline 90% interest, Dos Caminos 50% interest)
NextEra Energy Partners → Kinder Morgan
$1.815B
Triple Oak Power — 8 GW onshore wind development platform focused on central and western US markets
EnCap Investments → Energy Capital Partners
$500M-$750M
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.