NRG Energy wins auction for SunEdison wind and solar projects

For $144 million, NRG Energy Inc won SunEdison Inc’s wind and solar projects in Texas and other states. Company photo.

SunEdison filed for Chapter 11 bankruptcy protection in April

CHICAGO, Sept 12 (Reuters) – Houston-based NRG Energy Inc has won the auction for bankrupt renewable power plant developer SunEdison Inc’s wind and solar projects in Texas and other states with a $144 million bid, according to a court filing.

The sale is one of several that SunEdison, once the fastest-growing U.S. renewable energy company, is holding since filing for Chapter 11 bankruptcy protection in April after an unsuccessful debt-backed acquisition drive.

Judge Stuart Bernstein in Manhattan will hold a hearing to approve the NRG bid on Thursday, a court filing by SunEdison showed last week.

(Reporting by Tracy Rucinski; Editing by Peter Cooney)