Want to update this profile? It bought plants from Niagara Mohawk, San Diego Gas and Electric, Consolidated Edison, Montaup Electric, Rochester Gas and Electric, and Connecticut Light & Power. From 1996 to 2001, the operating revenue increased from $104 million to $3 billion, and the debt increased from $212 million to $8.3 billion. Stock analysis for NRG Energy Inc (NRG:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. [10] Their portfolio includes nuclear generation, coal generation, wind generation, utility scale generation, distributed solar generation, and oil generation. A free inside look at Genesis Energy offices and culture posted anonymously by employees. NRG Energy Inc (NYSE: NRG) CASSIDY GORDON NRG Company History A large American energy company Founded: 1989 Founded by Seth The company owns generation assets that primarily sell power at wholesale prices. Aspen Power uses a stoker-type boiler that is made to reduce the air pollution from the plant. NRG Energy, Inc. is a large American energy company, dual-headquartered in Princeton, New Jersey[6][7] and Houston, Texas. Find 138 listings related to Consumers Energy in Port Allen on YP.com. If successful, NRG will gain more than 3 million retail customers across 50 US states and 6 Canadian provinces. The company is involved in the producing, selling, and delivering electricity and related products and services to 3.7 million residential, industrial, and commercial consumers. The station's naming rights were sold to NRG Energy in 2018. In August 2013, NRG acquired Energy Curtailment Specialists, a Buffalo, New York based Demand response company. [55] Its nearly 100 power plants were located in 18 states in the Northeast, Chicago area, Gulf Coast, Southwest, Nevada, and California. The platform, developed by NRG’s Station A research team in San Francisco, was originally intended to help with customer acquisition but has since evolved. [55] Generation facilities include mostly fossil fuel power plants powered by natural gas, oil, and coal; plus four wind farms (in Texas) and six solar farms (in California, Arizona, and New Mexico). Their wholesale generation services include plant operations, commercial operations, energy services, distributed generation services, and energy, procurement, and construction (EPC) services. In 2006, NRG Energy bought Texas Genco from a group of private equity firms for roughly $5.9 billion. for ease of research. Work highlights. [80], JPMorgan Chase announced their plans in 2017 to power all their facilities in Texas through 100% renewable power by 2020. NRG Energy's Revenue per Sharefor the three months ended in Jun. 1 of 2. NRG / NRG Energy, Inc. (629377508) Insider: David Callen: This page shows the track record and history of Callen David insider trades in NRG Energy, Inc.. NRG Energy story: Sale by David Callen of 9000 shares of NRG Energy and other headlines for NRG Energy [53], By 2018, NRG Energy no longer owned SpaceTag as Station A became a standalone company. Thank you for subscribing! Email. The Eagles and NRG Energy are in a multi-year corporate sponsorship agreement that helps the Eagles regulate their energy costs. NRG Energy Inc (NYSE:NRG) is not the most popular stock in this group but hedge fund interest is still above average. The South Central business had 3,500 MW generation capacity, including the natural gas facilities Bayou Cove plant (225 MW), Sterlington plant (176 MW), and the Cottonwood plant (1,263,000 MW). NRG Energy holds the naming rights to the NRG Park campus (formerly Reliant Park) in Houston, Texas, home to the NRG Astrodome, NRG Stadium, NRG Arena and NRG Center. [6], NRG Energy was formed in 1989 as one of NSP’s wholly owned subsidiaries. The utilities provider reported $1.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.01. [51], NRG Energy partnered with Cummins in December 2017 to offer backup generators to run as part of an asset backed demand response system. RDS headquarters remained in Wall Township, New Jersey while they operated under NRG Residential Solar Solutions. [27], In July 2018, NRG and GenOn consummated the NRG settlement resulting in NRG Energy paying GenOn Energy $125 million in a net payment during GenOn’s chapter 11 bankruptcy agreement. Tune in to hear Kirk describe NRG’s path to investment grade and what that could mean for the equity value of the company. NRG Energy completed its acquisition of GenOn Energy in December 2012[1] for $1.7 billion in stock and cash. [41], In March 2018 NRG acquired XOOM Energy, a mainly residential focused, retail energy supplier with 300,000 RCE customers. [82] In January 2019, NRG Community Solar became Clearway Community Solar under the parent company Clearway Energy Group. [25] The solar installations are expected to provide 10 percent of Sysco’s electricity nationwide by generating 25 megawatts of power. ) in a company 11,000 solar panels that produces and delivers clean directly. Electricity provider, for $ 96,000 on Jun 28, 2013 operates and maintains the,... In 2013, they added Edison Mission for $ 96,000 on Jun 28, 2013 will the. Cleco from their Big Cajun-I and Big Cajun-II plants growth increases Energy installed 11,000 panels! Company to raise the capital needed for that investment company Clearway Energy group 2005, Energy... Power through their O & M for nine other generation facilities and had 9.2 portfolio... Goal at NRG Esports is to build a standalone global sporting brand country. 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