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NRG acquires personal solar power company Goal Zero

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NRG Energy Inc. announced Wednesday it acquired Goal Zero, which produces personal solar products.

The Princeton-based company said Goal Zero aligns NRG’s mission to bring more sustainable lifestyle solutions to the consumer, according to a news release.

“The ultimate manifestation of distributed clean generation is personal power. Only about one in four Americans are themselves homeowners but every American has a need for personal energy free from the tether of plug and cord,” said David Crane, president and CEO of NRG.

Goal Zero is based in Salt Lake City and employs about 100 people. It  sells portable solar power and battery pack products and accessories.

NRG already had solar system power and residential solar power for individuals and homeowners. The acquisition of Goal Zero now gives the company access to personal solar power.

Financial terms were not disclosed. The deal is expected to close by the end of the September pending regulatory clearances.

NRG has a downtown Harrisburg production plant that provides steam for many city buildings.

Michael Sadowski

Michael Sadowski

Mike Sadowski covers Lebanon County, banking and finance, law and the legal community, and technology. Have a tip or question for him? Email him at michaels@cpbj.com. Follow him on Twitter, @MikeCPBJ. Circle Michael Sadowski on .

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