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NRG seeks FERC approval to sell power marketer to Mitsubishi

A subsidiary of NRG Energy Inc. is seeking approval from the Federal Energy Regulatory Commission to sell power marketer Boston Energy Trading and Marketing LLC to a subsidiary of Mitsubishi Corp.

Under the proposed deal, Diamond Energy Trading and Marketing LLC will acquire all of the membership interests of the power marketer from NRG Energy Gas & Wind Holdings Inc. Terms of the deal were not disclosed.

The commission is requested to approve the deal by April 20. (FERC docket EC18-64)