Latest NRG Energy (NRG) Headlines
NRG Energy Expands Retail Base - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 6:05PM CDT
NRG Energy, Inc. signed an agreement with Dominion Resources, Inc. to acquire its retail electric business.
SmarTrend Watching for Potential Pullback in Shares of NRG Energy After 2.01% Gain
Comtex SmarTrend(R) - Wed Mar 12, 5:22PM CDT
NRG Energy (NYSE:NRG) traded in a range yesterday that spanned from a low of $28.99 to a high of $29.92. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $29.58 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Edison Int'l Bankrupt Unit Gets Asset Sale Nod - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 3:30PM CDT
A subsidiary of Edison International, Edison Mission Energy, received the go-ahead for the proposed asset sale plan to New Jersey-based NRG Energy Inc.
Pace of Construction on NRG eVgo's California Electric Vehicle Infrastructure Increases
Business Wire - Tue Mar 11, 4:01PM CDT
Today NRG eVgo, a subsidiary of NRG Energy, Inc. (NYSE:NRG), announced that it has partnerships and agreements in place to have more than 200 fast-charging Freedom Station(R) charging sites built throughout California. Currently, NRG has a total of 46 electric vehicle (EV) charging sites operational, under construction or currently being permitted in San Diego, Los Angeles and San Francisco with 15 operational across the state of California.
2 Acquisitions Boost NRG Energy, Inc.
Patrick Morris, The Motley Fool - Motley Fool - Tue Mar 11, 2:55PM CDT
Today NRG Energy announced two separate moves which will have a wide-ranging impact on its business operations. The company will be acquiring the retail electric business of Dominion Resources , which services customers in Texas with its...
Power wholesaler Edison Mission clears bankruptcy
AP - Tue Mar 11, 2:19PM CDT
CHICAGO (AP) — A federal bankruptcy judge in Chicago has given power wholesaler Edison Mission Energy the go-ahead to emerge from bankruptcy by selling most of its assets to NRG Energy Inc. for $2.6 billion.
U.S. Bankruptcy Court Approves Edison Mission Energy Plan of Reorganization; Approval of Sale of Assets to NRG Energy
Business Wire - Tue Mar 11, 11:49AM CDT
NRG Energy, Inc. (NYSE:NRG) today announced that the U.S. Bankruptcy Court has approved Edison Mission Energy's (EME) Plan of Reorganization and the related sale of substantially all of EME's assets, including the equity interests in EME's subsidiaries, to NRG Energy, Inc. The approved Plan incorporates the Settlement Agreement reached on February 18, 2014 between EME, Edison International and certain of EME's creditors.
Edison Mission Energy Plan of Reorganization Approved by U.S. Bankruptcy Court
Business Wire - Tue Mar 11, 11:46AM CDT
Edison International (NYSE:EIX) today announced that Edison Mission Energy's (EME) Plan of Reorganization was approved today by the U.S. Bankruptcy Court. The approved Plan incorporates the Settlement Agreement reached on February 18, 2014, between EME, Edison International, and certain of EME's creditors. This approval will allow the Settlement, as well as the planned sale of substantially all of EME's assets and stock of subsidiaries to NRG Energy, Inc., to be implemented.
NRG Energy to Acquire Dominion's Retail Electric Business
Business Wire - Tue Mar 11, 11:45AM CDT
NRG Energy, Inc. (NYSE:NRG) has entered into agreements with Dominion Resources, Inc. (NYSE
) to acquire its retail electric business. Dominion currently serves more than 600,000 customer accounts in Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio and Pennsylvania, and through its Cirro Energy brand in Texas.
Earnings Look Back: NRG Energy Is Down 1.3% Since Reporting Quarterly Results 1 Week Ago (NRG)
Comtex SmarTrend(R) - Mon Mar 10, 7:04AM CDT
When NRG Energy (NYSE:NRG) reported earnings a week ago on February 28th, 2014, analysts, on average, expected the company to report earnings of $0.23 on sales of $2.8 billion. The company actually reported EPS of $1.19 on sales of $2.8 billion, beating EPS estimates by $0.96 and beating revenue estimates by $42.0 million. Shares of NRG Energy have slipped from $29.07 to $28.70, representing a loss of 1.3%, since the company reported earnings 10 days ago.
Global Power Generation Market 2012-2016: Energy Demand Projected to Increase by 44% by 2030
M2 - Wed Mar 05, 10:38AM CST
Research and Markets (http://www.researchandmarkets.com/research/kxkd8b/global_power) has announced the addition of the "Global Power Generation Market 2012-2016" report to their offering. The analysts forecast the Global Power Generation market to grow at a CAGR of 6.67 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased adoption of renewable technology. The Global Power Generation market has also been witnessing the increased economic growth in developing countries. However, the resource scarcity in the Power industry could pose a challenge to the growth of this market. Key vendors dominating this space include Electricite de France S.A., E.ON SE, Huaneng Power International Inc., and Southern Co. Other vendors mentioned in the report are America Electric Power, AES Corp., AES Gener S.A., BC Hydro, CEZ a.s., China Resources Power Holdings Co. Ltd., China Yangtze Power Co. Ltd., Constellation Energy Group Inc., Datang International Power Generation Co. Ltd., Centrais Eletricas Brasileiras S.A., Dominion Resources Inc., Electric Power Development Co. Ltd., Endesa S.A., Enel S.p.A., Energie Baden-Wurttemberg AG, Enersis S.A., Eskom Holdings SOC Ltd., Exelon Corp., FirstEnergy Corp., Huadian Power International Corp. Ltd., Hydro One Inc., Hydro-Quebec International Inc., Iberdrola S.A., International Power plc, MidAmerican Energy Holdings Co., NextEra Energy Inc., NRG Energy Inc., National Thermal Power Corp. Ltd., Ontario Power Generation Inc., RWE AG, State Grid Corp. of China, and The Kansai Electric Power Co. Inc. Commenting on the report, an analyst from the Clean Tech team said: ''Energy demand across the globe is projected to increase by 44 percent by 2030. However, the of traditional power generation methods to meet this growing demand for power will inevitably lead to increased carbon and other GHG emissions. Therefore, governments across the world are not just focusing on traditional power generation techniques such as fossil fuel-based energy generation; they are also implementing various renewable energy generation techniques. This usage of traditional and modern energy generation techniques to meet the growing demand for energy is increasing the power generation capacity of market vendors. Thus, the increasing demand for energy is a positive trend that is expected to propel the growth of the Global Power Generation market during the forecast period.'' For more information visit http://www.researchandmarkets.com/research/kx...obal_power About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
1 Massive Solar Facility That's Too Big to Ignore
Reuben Brewer, The Motley Fool - Motley Fool - Tue Mar 04, 10:14AM CST
Using solar power to generate electricity is a hot topic. However, it has some major limitations today, including the fact that solar only works while the sun shines. But that isn't the only issue, and the recently completed Ivanpah power plant shows...
NRG Solar, Boeing Break Ground on Dandan, Guam's First Solar Facility
Business Wire - Tue Mar 04, 6:00AM CST
NRG Energy, Inc. (NYSE:NRG), through its wholly owned subsidiary NRG Solar LLC, and The Boeing Company (NYSE:BA), started construction on Dandan, Guam's first solar power plant. NRG will bring its experience and ingenuity as a solar innovator to this project, proven by the company's successful development of solutions ranging from the world's largest solar thermal and photovoltaic facilities to professional sports stadium rooftops to customizable solar canopies. Boeing will provide its engineering, procurement and construction expertise to the project.
Reliant Rounds-Up Fun for 2014 Houston Livestock Show and Rodeo
Business Wire - Mon Mar 03, 4:56PM CST
Back in the saddle again, Reliant and its parent company NRG will bring their popular community contests, shows and offers to the Houston Livestock Show and Rodeo March 4-23. Among the fairgrounds favorites: student recognition programs, giveaways and an encore of two popular Rodeo-themed electricity plans that either provide Justin Boots or a donation to the Houston Livestock Show and Rodeo Educational Fund on customers' behalf.
NRG Yield, Inc. Announces Private Placement of $45 Million Additional 3.5% Convertible Senior Notes Due 2019
Business Wire - Mon Mar 03, 10:52AM CST
NRG Yield, Inc. (NYSE:NYLD) ("NRG Yield" or the "Company") today announced that, in connection with its previously announced offering of $300 million in aggregate principal amount of its 3.5% convertible senior notes due 2019 (the "Notes"), the underwriters of the offering have exercised in full their option to purchase an additional $45 million in aggregate principal amount of the Notes (the "Additional Notes"), bringing the total aggregate principal amount of Notes sold in the offering to $345 million. The Company today announced the closing of the sale of the Additional Notes.
NRG Energy Sees Net Loss From Heavy Expenses in 2013, Expects Almost $1.3 Billion Capex in 2014, an Industrial Info News Alert
Marketwire - Mon Mar 03, 5:15AM CST
Researched by Industrial Info Resources (Sugar Land, Texas) -- U.S. power generation leader NRG Energy Incorporated (NYSE:NRG) (Princeton, New Jersey) reported stronger revenues but a net loss for 2013, as impairment charges and other exceptional losses offset gains from projects that came online during the year and in late 2012. Industrial Info is tracking $9.35 billion in active projects involving NRG.
NRG Energy Misses on Q4 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 28, 12:48PM CST
In fourth-quarter 2013, NRG Energy Inc.'s earnings per share missed the Zacks Consensus Estimate.
NRG Yield Shares Electrify; NRG Up Despite Miss
at Investor's Business Daily - Fri Feb 28, 12:47PM CST
Electricity supplier NRG Energy (NRG) reported a quarterly loss, but its shares were still up Friday. NRG's spin-off NRG Yield (NYLD) posted a huge profit jump, lighting up shares. NRG swung to a Q4 loss of $290 million, or 90 cents a share, from a...
Tesla Motor's New Battery Factory Could Send SolarCity Soaring
Tyler Crowe, The Motley Fool - Motley Fool - Fri Feb 28, 12:10PM CST
Tesla Motors made huge waves in the market recently as it announced it plans to build the world's largest lithium-ion battery factory. While this multibillion-dollar investment will definitely have a profound impact on the Tesla's manufacturing...
NRG Energy Expands Retail Base - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 6:05PM CDT
NRG Energy, Inc. signed an agreement with Dominion Resources, Inc. to acquire its retail electric business.
SmarTrend Watching for Potential Pullback in Shares of NRG Energy After 2.01% Gain
Comtex SmarTrend(R) - Wed Mar 12, 5:22PM CDT
NRG Energy (NYSE:NRG) traded in a range yesterday that spanned from a low of $28.99 to a high of $29.92. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $29.58 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Edison Int'l Bankrupt Unit Gets Asset Sale Nod - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 12, 3:30PM CDT
A subsidiary of Edison International, Edison Mission Energy, received the go-ahead for the proposed asset sale plan to New Jersey-based NRG Energy Inc.
Pace of Construction on NRG eVgo's California Electric Vehicle Infrastructure Increases
Business Wire - Tue Mar 11, 4:01PM CDT
Today NRG eVgo, a subsidiary of NRG Energy, Inc. (NYSE:NRG), announced that it has partnerships and agreements in place to have more than 200 fast-charging Freedom Station(R) charging sites built throughout California. Currently, NRG has a total of 46 electric vehicle (EV) charging sites operational, under construction or currently being permitted in San Diego, Los Angeles and San Francisco with 15 operational across the state of California.
2 Acquisitions Boost NRG Energy, Inc.
Patrick Morris, The Motley Fool - Motley Fool - Tue Mar 11, 2:55PM CDT
Today NRG Energy announced two separate moves which will have a wide-ranging impact on its business operations. The company will be acquiring the retail electric business of Dominion Resources , which services customers in Texas with its...
Power wholesaler Edison Mission clears bankruptcy
AP - Tue Mar 11, 2:19PM CDT
CHICAGO (AP) — A federal bankruptcy judge in Chicago has given power wholesaler Edison Mission Energy the go-ahead to emerge from bankruptcy by selling most of its assets to NRG Energy Inc. for $2.6 billion.
U.S. Bankruptcy Court Approves Edison Mission Energy Plan of Reorganization; Approval of Sale of Assets to NRG Energy
Business Wire - Tue Mar 11, 11:49AM CDT
NRG Energy, Inc. (NYSE:NRG) today announced that the U.S. Bankruptcy Court has approved Edison Mission Energy's (EME) Plan of Reorganization and the related sale of substantially all of EME's assets, including the equity interests in EME's subsidiaries, to NRG Energy, Inc. The approved Plan incorporates the Settlement Agreement reached on February 18, 2014 between EME, Edison International and certain of EME's creditors.
Edison Mission Energy Plan of Reorganization Approved by U.S. Bankruptcy Court
Business Wire - Tue Mar 11, 11:46AM CDT
Edison International (NYSE:EIX) today announced that Edison Mission Energy's (EME) Plan of Reorganization was approved today by the U.S. Bankruptcy Court. The approved Plan incorporates the Settlement Agreement reached on February 18, 2014, between EME, Edison International, and certain of EME's creditors. This approval will allow the Settlement, as well as the planned sale of substantially all of EME's assets and stock of subsidiaries to NRG Energy, Inc., to be implemented.
NRG Energy to Acquire Dominion's Retail Electric Business
Business Wire - Tue Mar 11, 11:45AM CDT
NRG Energy, Inc. (NYSE:NRG) has entered into agreements with Dominion Resources, Inc. (NYSE
) to acquire its retail electric business. Dominion currently serves more than 600,000 customer accounts in Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio and Pennsylvania, and through its Cirro Energy brand in Texas. Earnings Look Back: NRG Energy Is Down 1.3% Since Reporting Quarterly Results 1 Week Ago (NRG)
Comtex SmarTrend(R) - Mon Mar 10, 7:04AM CDT
When NRG Energy (NYSE:NRG) reported earnings a week ago on February 28th, 2014, analysts, on average, expected the company to report earnings of $0.23 on sales of $2.8 billion. The company actually reported EPS of $1.19 on sales of $2.8 billion, beating EPS estimates by $0.96 and beating revenue estimates by $42.0 million. Shares of NRG Energy have slipped from $29.07 to $28.70, representing a loss of 1.3%, since the company reported earnings 10 days ago.
Global Power Generation Market 2012-2016: Energy Demand Projected to Increase by 44% by 2030
M2 - Wed Mar 05, 10:38AM CST
Research and Markets (http://www.researchandmarkets.com/research/kxkd8b/global_power) has announced the addition of the "Global Power Generation Market 2012-2016" report to their offering. The analysts forecast the Global Power Generation market to grow at a CAGR of 6.67 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased adoption of renewable technology. The Global Power Generation market has also been witnessing the increased economic growth in developing countries. However, the resource scarcity in the Power industry could pose a challenge to the growth of this market. Key vendors dominating this space include Electricite de France S.A., E.ON SE, Huaneng Power International Inc., and Southern Co. Other vendors mentioned in the report are America Electric Power, AES Corp., AES Gener S.A., BC Hydro, CEZ a.s., China Resources Power Holdings Co. Ltd., China Yangtze Power Co. Ltd., Constellation Energy Group Inc., Datang International Power Generation Co. Ltd., Centrais Eletricas Brasileiras S.A., Dominion Resources Inc., Electric Power Development Co. Ltd., Endesa S.A., Enel S.p.A., Energie Baden-Wurttemberg AG, Enersis S.A., Eskom Holdings SOC Ltd., Exelon Corp., FirstEnergy Corp., Huadian Power International Corp. Ltd., Hydro One Inc., Hydro-Quebec International Inc., Iberdrola S.A., International Power plc, MidAmerican Energy Holdings Co., NextEra Energy Inc., NRG Energy Inc., National Thermal Power Corp. Ltd., Ontario Power Generation Inc., RWE AG, State Grid Corp. of China, and The Kansai Electric Power Co. Inc. Commenting on the report, an analyst from the Clean Tech team said: ''Energy demand across the globe is projected to increase by 44 percent by 2030. However, the of traditional power generation methods to meet this growing demand for power will inevitably lead to increased carbon and other GHG emissions. Therefore, governments across the world are not just focusing on traditional power generation techniques such as fossil fuel-based energy generation; they are also implementing various renewable energy generation techniques. This usage of traditional and modern energy generation techniques to meet the growing demand for energy is increasing the power generation capacity of market vendors. Thus, the increasing demand for energy is a positive trend that is expected to propel the growth of the Global Power Generation market during the forecast period.'' For more information visit http://www.researchandmarkets.com/research/kx...obal_power About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
1 Massive Solar Facility That's Too Big to Ignore
Reuben Brewer, The Motley Fool - Motley Fool - Tue Mar 04, 10:14AM CST
Using solar power to generate electricity is a hot topic. However, it has some major limitations today, including the fact that solar only works while the sun shines. But that isn't the only issue, and the recently completed Ivanpah power plant shows...
NRG Solar, Boeing Break Ground on Dandan, Guam's First Solar Facility
Business Wire - Tue Mar 04, 6:00AM CST
NRG Energy, Inc. (NYSE:NRG), through its wholly owned subsidiary NRG Solar LLC, and The Boeing Company (NYSE:BA), started construction on Dandan, Guam's first solar power plant. NRG will bring its experience and ingenuity as a solar innovator to this project, proven by the company's successful development of solutions ranging from the world's largest solar thermal and photovoltaic facilities to professional sports stadium rooftops to customizable solar canopies. Boeing will provide its engineering, procurement and construction expertise to the project.
Reliant Rounds-Up Fun for 2014 Houston Livestock Show and Rodeo
Business Wire - Mon Mar 03, 4:56PM CST
Back in the saddle again, Reliant and its parent company NRG will bring their popular community contests, shows and offers to the Houston Livestock Show and Rodeo March 4-23. Among the fairgrounds favorites: student recognition programs, giveaways and an encore of two popular Rodeo-themed electricity plans that either provide Justin Boots or a donation to the Houston Livestock Show and Rodeo Educational Fund on customers' behalf.
NRG Yield, Inc. Announces Private Placement of $45 Million Additional 3.5% Convertible Senior Notes Due 2019
Business Wire - Mon Mar 03, 10:52AM CST
NRG Yield, Inc. (NYSE:NYLD) ("NRG Yield" or the "Company") today announced that, in connection with its previously announced offering of $300 million in aggregate principal amount of its 3.5% convertible senior notes due 2019 (the "Notes"), the underwriters of the offering have exercised in full their option to purchase an additional $45 million in aggregate principal amount of the Notes (the "Additional Notes"), bringing the total aggregate principal amount of Notes sold in the offering to $345 million. The Company today announced the closing of the sale of the Additional Notes.
NRG Energy Sees Net Loss From Heavy Expenses in 2013, Expects Almost $1.3 Billion Capex in 2014, an Industrial Info News Alert
Marketwire - Mon Mar 03, 5:15AM CST
Researched by Industrial Info Resources (Sugar Land, Texas) -- U.S. power generation leader NRG Energy Incorporated (NYSE:NRG) (Princeton, New Jersey) reported stronger revenues but a net loss for 2013, as impairment charges and other exceptional losses offset gains from projects that came online during the year and in late 2012. Industrial Info is tracking $9.35 billion in active projects involving NRG.
NRG Energy Misses on Q4 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 28, 12:48PM CST
In fourth-quarter 2013, NRG Energy Inc.'s earnings per share missed the Zacks Consensus Estimate.
NRG Yield Shares Electrify; NRG Up Despite Miss
at Investor's Business Daily - Fri Feb 28, 12:47PM CST
Electricity supplier NRG Energy (NRG) reported a quarterly loss, but its shares were still up Friday. NRG's spin-off NRG Yield (NYLD) posted a huge profit jump, lighting up shares. NRG swung to a Q4 loss of $290 million, or 90 cents a share, from a...
Tesla Motor's New Battery Factory Could Send SolarCity Soaring
Tyler Crowe, The Motley Fool - Motley Fool - Fri Feb 28, 12:10PM CST
Tesla Motors made huge waves in the market recently as it announced it plans to build the world's largest lithium-ion battery factory. While this multibillion-dollar investment will definitely have a profound impact on the Tesla's manufacturing...
