News
AFTER MIRANT?
April 13, 2010
| This week?s announcement that Mirant will merge with Houston-based RRI Energy concludes what has been a fascinating local business story. Mirant had a meteoric rise, a hard fall, and seemed to be on the road to recovery again since emerging from bankruptcy in 2005. Of course, we can't help but wonder: If Mirant?s leaving town, what?ll happen to its office space? |
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Mirant and RRI announced on Sunday they're combining in a $1.61 billion stock-swap, renaming the company GenOn Energy and setting up shop in Houston. The new company will become one of the nation's largest independent power producers. The company no doubt will be emptying out space at Mirant?s HQ at 1155 Perimeter Center West. Bryan Heller of TPA Realty Services, who reps the building for owner AEW Capital Management, declined to comment. |
