NRG Energy, Inc. (NYSE:NRG) has agreed to buy the project pipeline of US Solar, which is an affiliate of Arclight Capital Partners LLC, for an undisclosed amount. According to NRG, the purchase nearly doubles the company's solar development projects to 1,150 megawatts. Nine projects are involved in the acquisition, ranging in size from 20 megawatts to 99 megawatts, and all could be in operation between 2011 and 2013.
Four years ago, it appeared that no one on Earth was going to be able to buy a cup of coffee without the Starbucks brand on it. SBUX had nearly 6,500 retail locations worldwide, and they were on track to buy out almost all of their major competitors. They purchased the Seattle's Best Coffee chain from AFC Enterprises (AFCE) and all of the West Coast based Coffee People stores from Diedrich Coffee (DDRX). Not all was well though. First, in 2007, Starbucks halted its plans to expand into India. They continued to expand internationally in 2008, opening outlets in Agentina, Portugal, and the Czech Republic, but closed 900 underperforming retail locations throughout that year and into 2009. SBUX stocks hit all time lows in March 2009.