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The Deal: GenOn Unit Joins Parent in Chapter 11October 17, 2018
GenOn Energy’s NRG REMA unit filed for Chapter 11 protection on October 16th. Earlier in the month, GenOn disclosed it had entered into a restructuring agreement with affiliates of Public Service Enterprise Group (PSEG) and holders of 90 percent of the company’s certificates due 2026. A team from O’Melveny is advising PSEG.