Tag: NRG Energy

NRG paying $244M for Corpus Christi power plant

Power provider NRG Energy is paying roughly $244 million to buy a Corpus Christi cogeneration power plant that will expand the company’s electricity capacity in a part of the state where it is seeking to grow its customer base.  More »

Drought puts drain on water supplies for power plants

As drought continues, Texans’ thirst for electricity is drawing down supplies of the water needed to quench it.  More »

Solar energy vying to be Super Bowl winner

As New Orleans prepares to host Super Bowl XLVII this weekend, NRG also will celebrate efforts to bring sustainable energy both to New Orleans and to football stadiums around the country.  More »

Reliant President Jason Few has left the company

The shakeup comes as NRG is completing its merger with Houston-based GenOn Energy, a $1.7 billion deal that will make NRG the country’s largest independent power producer.  More »

GenOn names executive cuts in sale to NRG Energy

NRG Energy and GenOn Energy plan to slash 500 employees across both companies in their $1.7 billion merger.  More »

Houston staff would shrink in NRG-GenOn deal

The company has no plans to expand power generation in Texas, NRG CEO David Crane said in a press call Monday.  More »

NRG Energy is buying Houston’s GenOn

New Jersey-based NRG Energy has a deal to buy Houston-based GenOn Energy in an all stock deal worth about $1.7 billion, the companies announced Sunday afternoon.  More »

Solar power beginning to go mainstream

Solar power installations doubled in the United States last year and are expected to double again this year. More solar energy is being planned than any other power source, including nuclear, coal, natural gas and wind.  More »

A tough time to be an electric company in Texas

Past purchases of wholesale power price spikes in Texas has led to multiple failures among electric retailers. So far, the impact of this past summer’s prices spikes seem more muted, although lots of companies have been bought and sold in the past month.  More »

Help for Texas power grid comes online

Two Garland-area power plants have come online to help backstop Texas’ massive energy demand for the rest of the summer. But with the state’s drought threatening to stretch through the winter, Texas may be faced with an even greater power challenge in the future.  More »

Shaking off the cobwebs: mothballed power plants will come back online *update*

NRG Energy may bring two Ship Channel area plants back online to help the Texas grid make it through the rest of the summer.  More »

Japan’s disaster chills plan for Texas nuclear plant

The ongoing nuclear disaster in Japan may signal the death knell for the long-planned addition of two nuclear reactors at the South Texas Project. Tokyo Electric Power Co., which owns the crippled Fukushima Daiichi plant, was expected to invest in the expansion. In addition, the project would also rely on loan guarantees from the Japanese government to build new reactors.  More »
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