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NRG hopes three's a charm: U.S. electricity firm hopes for share of Narva plant

Jul 30, 1998
Urmas Maranik

TALLINN - The American electricity industry giant, NRG Energy Inc., has received word from the Estonian government that its third purchasing offer for the Narva power plant will finally be accepted.Should the offer be accepted, it would end a frustrating three-year stretch marked by endless negotiations. The Estonian government twice turned down NRG purchasing offers for the power plant."This has been the most successful 24 hours we've had here," said NRG President David Peterson after a meeting ...

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