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In January 2020, Vivint completed a merger with Mosaic Acquisition Corp. and became a publicly traded company on the New York Stock Exchange. [19] In December 2022, NRG announced the acquisition of Vivint Smart Home for $2.8 billion in cash, adding home security and automation to its offerings, expected to close on the first quarter of 2023. [20]
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Keith Nellesen (born 1967) is an American entrepreneur and the co-founder of Vivint, Inc., a home automation, security and solar energy company.Vivint, Inc. was acquired in late 2012 for $2.2 Billion by the Blackstone Group. [1]
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Later in 2018, Vivint counter-sued the New Mexico Attorney General. [24] [25] In July 2020, Sunrun announced that it would acquire Vivint Solar for $3.2 billion. [26] By early October 2020, the acquisition was completed following the approval by regulators and stockholders of both companies, creating a valuation of approximately $22 billion. [27]
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In August 2013, NRG acquired Energy Curtailment Specialists, a Buffalo, New York-based Demand response company. [34] The terms of the deal were not disclosed. [35] A Goal Zero battery, lamp and solar panel. In March 2014, NRG Energy acquired Roof Diagnostics Solar (RDS), a residential solar power installation company, for an undisclosed amount.