Nrg Energy, Inc. (NYSE: NRG) rated to Peer Perform by Wolfe Research
Wolfe Research rated
Nrg Energy, Inc. (NYSE: NRG) to Peer Perform.
NRG Energy, Inc. (NRG) is a wholesale power generation company. NRG is engaged in the ownership, development, construction and operation of power generation facilities, the transacting in and trading of fuel and transportation services, and the trading of energy, capacity and related products in the United States and select international markets. As of December 31, 2008, NRG had a total portfolio of 189 active operating generation units at 48 power generation plants, with an aggregate generation capacity of approximately 24,005 megawatt, and approximately 550 megawatt under construction, which includes partners? interests of 275 megawatt. In addition, NRG has ownership interests in two wind farms representing an aggregate generation capacity of 270 megawatt, which includes partner interests of 75 megawatt. On April 28, 2008, NRG completed the sale of its 100% interest in Tosli Acquisition B.V. In May 2009, Reliant Energy, Inc. completed the sale of its Texas retail business to NRG.