Browse our suite of solutions and learn how we can power your home, business or your next project. The stadium received power from 600 solar panels and used only LEDs to light up the field, using 60% less energy than previously. [12] They incorporate a range of sales channels for retail customers, including call centers, direct sales, websites, brokers, and brick-and-mortar stores. [15] As of 2018, they generate 23,000 MW of power from 40 power plants across the country. Company NRG Energy. This address has been used for business registration by Seth Allen Energy Corporation and Coalmatch, Inc. NRG Energy, Inc. 8 K Feb. 13, 2017 8:34 AM Seeking Alpha. It is unclear if the 7 deactivated units still collect capacity market revenues. The two facilities, Mustang and Antelope Elk Energy Center, are owned by Golden Spread Electric Cooperative Inc. Mustang is a natural gas turbine plant in Denver City that produces 958 MW of power. [66] The solar panel canopies also offer weather protection and reduce carbon emissions by an estimated 800 metric tons a year. NRG Energy Inc., a Fortune 500 power company and the largest electricity seller in Texas, said it will accelerate its greenhouse gas … NRG Energy’s CFO Kirk Andrews rejoins The Stock Podcast to provide a business update. At NRG, people are the heart of our company, and their success is the best expression of ours. The first customer of the project is Sysco, who has signed a 10-year renewable energy agreement. In 2014, NRG Energy helped restart Aspen Power plant, the first wood-based biomass plant in Texas. NRG Energy | 75,206 followers on LinkedIn. Cypress Creek Renewables will build, own, and operate three solar gardens in Texas that will have a combined power capacity of 25 MW. NRG Energy (NYSE: NRG) reported earnings on Aug. 8. NRG Energy (NYSE:NRG) WACC % Explanation Because it costs money to raise capital. In 1997, NRG Energy, Inc. had 2,650 MW of generation and operational responsibility for a supplementary 5,374 MW. Want to update this profile? [54], After the GenOn merger in 2012, NRG had 47,000 MW of total generation capacity, enough to power approximately 40 million homes. On January 2, 2020, the Reporting Person was issued 4,304 Restricted Stock Units ("RSUs") by NRG Energy, Inc. under NRG Energy, Inc.'s Amended and Restated Long Term Incentive Plan. The square foot of this property costs $75.4. Please note that Powrbot Inc does not own this content and cannot vouch for its accuracy, we simply aggregate public information The solar power plant produces 40% of the Eagles’ own energy and feed the energy back into the grid, which they buy back from NRG at a discounted rate. 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.. Energy cost savings topped the list for customer needs when considering distributed energy resources (DER) in a recent study by NRG Energy, Inc. (NSYE: NRG) in collaboration with Smart Energy Decisions (SED). USA – 11 states: Key people. [41], In March 2018 NRG acquired XOOM Energy, a mainly residential focused, retail energy supplier with 300,000 RCE customers. NRG Energy has multiple products and services, including generation facilities, operations and management services (O&M), retail electricity, commercial industrial backup generators, and an internal data analytics engine called SpaceTag. EOE … If successful, NRG will gain more than 3 million retail customers across 50 US states and 6 Canadian provinces. [47] By 2018, NRG Energy maintained 2.4 GW of renewable power through their O&M operations in 17 different states. NINA will pay CPS $80 million and donate $10 million to a residential energy … [59] In 2018, NRG Energy reduced its generation capacity to 23,000 MW. John Hall / Contributed photo Show More Show Less 2 of 2. They picked up a number of customers from Pioneer Energy of Sugar Land and Stat Energy of Richardson, as well. NRG tested SpaceTag to gather “60 megawatts of flexible clean energy capacity for key parts of SCE’s [Southern California Edison] Orange County and Los Angeles power grid." Combined, $630,000 of the funds went toward Houston Methodist, according to recent announcements. The O&M platform managed 2,400 MW of renewable energy in 17 different states, and the development business had 6,400 MW of renewable generation opportunities in the project pipeline. The plant is overseen by InventivEnergy LLC, but NRG operates and maintains the facility, including hiring the management team and operating staff. HQ Phone (609) 524-4500. Energy Risk Manager luhler@riversideca.gov 951-826-2216 DC Energy Seth Cochran Manager, Market Affairs & Origination seth.cochran@dc-energy.com 512-971-8767 Exelon Generation Company LLC Lyudmila Siegel Andrew Deloskey Credit Risk Management Andrew.Deloskey@constellation.com 410-470-2351 Credit Risk Management It bought plants from Niagara Mohawk, San Diego Gas and Electric, Consolidated Edison, Montaup Electric, Rochester Gas and Electric, and Connecticut Light & Power. USA – 11 states: Key people. NRG Energy completed its acquisition of GenOn Energy in December 2012[1] for $1.7 billion in stock and cash. [35] The GenOn name was retired in the merger, but the combined company retained GenOn's Houston headquarters to coordinate operations. NRG Energy, Inc. Company Profile google - wiki.info. In July 2020, NRG Energy and Centrica entered an agreement under which NRG would acquire Direct Energy for $3.625 billion in an all-cash transaction. After GenOn’s exit in 2018,[23] the NRG fleet shrunk to 23 GW but retained 2.9 million retail customers. NRG Energy’s CFO Kirk Andrews rejoins The Stock Podcast to provide a business update. Powrbot Inc. is a passionate company working on problems using data analytics, automation & machine learning. [56], NRG Energy owns the Indian River Power Plant near Millsboro, Delaware. [33] In doing so, NRG also became the largest retailer of green power in the nation, providing all of its Green Mountain and many of its Reliant customers with energy derived from 100% renewable resources.[34]. Here are the numbers you need to know. 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. 17-F-0451)", "JPMorgan Chase's new Plano campus will soon be powered by wind energy", "7 Hudson Valley initiatives supporting the environment", "NRG Community Solar is Now Clearway Community Solar", https://en.wikipedia.org/w/index.php?title=NRG_Energy&oldid=1000265219, Electric power companies of the United States, Nuclear power companies of the United States, Companies based in Mercer County, New Jersey, Non-renewable resource companies established in 1992, Companies listed on the New York Stock Exchange, All Wikipedia articles written in American English, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 14 January 2021, at 11:21. NRG Energy, Inc. is a large American energy company, dual-headquartered in West Windsor Township, New Jersey, and Houston, Texas. View NRG_PPHW_Gordon.pptx from ISQS 2340 at Texas Tech University. In July, the prices for day-ahead pricing reached $2,172.70 per MW hour, compared to $28 per MW hour of July 2017. PRINCETON, N.J.--(BUSINESS WIRE)--Oct. 14, 2019-- NRG Energy (NYSE: NRG) today announced changes to its Board of Directors, including the appointment of two new independent directors: Antonio Carrillo and Alexandra Pruner, effective October 15, 2019. [38] That same month, NRG also acquired the retail power business of Dominion Resources Inc., which included Texas-based Cirro Energy and added 600,000 customer accounts to NRG Energy’s retail business. The filing states that since the proposed capacity is not 25 MW greater than the existing facility, Article 10 regulation is not required. Though we always remain focused on our purpose of bringing the power of energy to people and organizations, 2020 spotlights all we have to be thankful for at NRG. Stock analysis for NRG Energy Inc (NRG:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. NRG Energy, Inc., together with its subsidiaries, operates as an energy company in the United States. It was an all-cash transaction that was funded with $75 Million from excess cash and $135 million debt. In 2013, they also added a demand response company called Energy Curtailment Specialists. NRG Energy, Inc. Clearway Energy, Inc. South Carolina Department of Administration. Export. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. By the end of 2017, 75% of JPMorgan Chase’s facilities ran on wind energy provided through NRG Energy’s Buckthorn wind farm in Erath County. They also reduced their power plants from 100 to 40, but they retained 2.9 million retail customers. The deal was finalized that August.[14]. SolarEdge. Electric Utilities company list. UBS O’Connor Capital Solutions . As the leading integrated power company in the U.S., NRG Energy brings years of experience and a data-driven mindset to help you get the most out of your energy. The Company's line of business includes the generation, transmission, and distribution of electric energy. The analytics engine found the best combination of distributed resources for every building in a given territory as well as showing what it was worth to each customer. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. The new fleet has 11.5 GW of generation (46% natural gas generation, 31% coal generation, and 15% oil generation) in Texas, 9.7 GW of generation in the East, and 2.6 GW of generation in the West. Our goal is to automate the boring stuff. Find 138 listings related to Consumers Energy in Port Allen on YP.com. The goal of the State of Distributed Energy Resources Study was to better understand DER energy trends with the nation’s largest electric power users. [63], Green Mountain Energy, one of NRG Energy's retail subsidiaries, signed a two-year agreement beginning in January 2011 to provide 100% renewable energy for the Empire State Building. The NRG plant at 1866 River Road in Middletown is shown from the east shore of the Connecticut River. Watch Queue Queue [10], By 2005, NRG Energy was expanding again and added 7,600 MW of domestic capacity to its portfolio. Cleco Corporate Holdings purchased NRG’s South Central business for $1 billion in price and cash proceeds. [28] The deal would help GenOn revamp its capital structure and reemerge with new debt instruments. The station's naming rights were sold to NRG Energy in 2018. 2020 was USD 37.62.. They sold the renewable O&M business, along with NRG Yield and NRG’s renewable energy development and operations, to Global Infrastructure Partners (GIP) for $1.375 million in cash. 1 of 2. NRG Energy Inc (NYSE: NRG) CASSIDY GORDON NRG Company History A large American energy company Founded: 1989 Founded by Seth By 2002, the debt had reached $9.4 billion and NRG Energy sold their powerplants in Hungary and Czech Republic. Apply online for jobs at NRG Energy - Opportunities include Engineering jobs, Power Plant Technician jobs, Safety Engineer jobs, Information Technology jobs and more. The South Central business had 3,500 MW generation capacity, including the natural gas facilities Bayou Cove plant (225 MW), Sterlington plant (176 MW), and the Cottonwood plant (1,263,000 MW). Mauricio Gutierrez (President and CEO) Products : Electricity generation Electric power transmission distribution: Revenue: US$ 14.674 billion (2015) US$ 15.868 billion (2014) US$ 11.295 billion (2013) US$ 8.422 billion (2012) Number of employees. Experience NRG Energy March 2010 - Present Reliant Energy 2008 - March 2010 Reliant Energy March 2003 - 2008 Skills Account Management, Selling, New Business Development, Sales, Coaching, Team Building, Strategic Planning, Training, Mergers & Acquisitions, Program Management, CRM, Business Development, Project Management, Microsoft Office, Public Relations, Marketing Strategy Education … [52], In April 2017, NRG Energy publicly mentioned its in-house analytics platform SpaceTag. It has rosters in Apex Legends, Call of Duty, Clash Royale, Dragon Ball FighterZ, Fortnite, Gears of War, Hearthstone, Overwatch, Rocket League, Valorant, and a number of streamers on the internet platform Twitch. 1 Genesis Energy office photos. For the first three months of 2016, the company posted a net income of $47 million in comparison to the net loss of $136 million the first quarter of 2015. NRG Energy also agreed to provide renewable energy credits for any venue associated with the Super Bowl, such as the George R. Brown Convention Center and the hotels where the teams were staying. In 2003, Xcel Energy paid NRG Energy 752 million for the benefit of NRG Energy's creditors and took a 2 billion write-off. The solar array produces an estimated 30% of the power for Patriot Place and provides renewable energy education for visitors at kiosks, electric vehicle charging stations, and off-grid solar “Helios” at the main entrance. Aggregated data from the web about Nrg Energy. Antelope Elk Energy Center is also a natural gas facility located in Abernathy that creates 744 MW of power. [69] NRG Energy installed 11,000 solar panels and 14 wind turbines at the Eagles’ Lincoln Financial Field stadium. NRG Energy is a US based energy company that plans to build 2 new nuclear power plants in Texas. The company acquired Dynegy’s 50% of 1,800 MW of generation in California. Please enter a valid email. XOOM Energy served 300,000 customers in the East, which was added to NRG Energy’s retail profile. GEOTHERMAL ENERGY By: Larry Robinson, Seth Allen, Ryan Robinson [56] NRG also has a 44% ownership stake in the South Texas Nuclear Generating Station and a 37.5% stake in a coal power plant in Gladstone, Queensland, Australia. 339437785 - 1 - ML2/jnf 5/29/2020 BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA Order Instituting Rulemaking To Continue Implementation and Please enter a valid email. Their wholesale generation services include plant operations, commercial operations, energy services, distributed generation services, and energy, procurement, and construction (EPC) services. The turbine upgrades listed in the filing are new simple-cycle turbines. Find contact's direct phone number, email address, work history, and more. NRG Energy, Inc. is a large American energy company, dual-headquartered in Princeton, New Jersey[6][7] and Houston, Texas. The NRG … This allows residents who cannot purchase rooftop solar to invest in solar energy generation and receive solar credits on their utility bills. [50], By 2018, NRG Energy also added Pennywise Power to its retail electricity portfolio. [71][72] As of 2018, of the 19 Astoria facilities listed in the 2018 NYISO Gold Book as being owned by NRG, 7 of the facilities are on the deactivated list (at a total of 140 MW of capacity rights), and 12 of the facilities (at a total of 558 MW in nameplate capacity) have each consistently produced less than 15 GWh a year since 2011. During the past 12 months, the average Revenue per Share Growth Rate of NRG Energy was 11.80% per year. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. Powrbot Inc. is a passionate company working on problems using data analytics, automation & With those two moves, NRG's holdings represented most of the former HL&P and today serve 1.6 million customers in Texas. The company also assumes the risk of wholesale pricing fluctuation. As of November 2018, no ruling has been issued by the NYSPSC. If plans are approved, these will be the first new nuclear plants in almost 30 years. NRG Energy, Inc. is a large American energy company, dual-headquartered in Princeton, New Jersey and ... Seth Allen: Headquarters: Princeton, New Jersey (financial), Houston, Texas (operations) Area served. 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