NRG Energy

Saint-Gobain Receives 2023 Better Project Award From U.S. Department of Energy for Smart Energy Management System at Its Buchanan, New York Gypsum Wallboard Plant

Retrieved on: 
Mercredi, avril 12, 2023

Saint-Gobain, through its building products subsidiary CertainTeed Gypsum Inc., yesterday received the 2023 Better Project Award from the U.S. Department of Energy for the company’s smart energy management system at its Buchanan, New York gypsum facility.

Key Points: 
  • Saint-Gobain, through its building products subsidiary CertainTeed Gypsum Inc., yesterday received the 2023 Better Project Award from the U.S. Department of Energy for the company’s smart energy management system at its Buchanan, New York gypsum facility.
  • View the full release here: https://www.businesswire.com/news/home/20230412005269/en/
    The U.S. Department of Energy’s Better Project awards recognize manufacturers who improve energy efficiency and competitiveness in the industrial sector.
  • To be considered for an award, projects must deliver significant waste or energy savings and must be discreet, innovative, and replicable in similar industrial facilities.
  • In operation for over 50 years, CertainTeed’s plant in Buchanan is the only gypsum wallboard manufacturing facility in New York State.

PG&E Corporation Appoints Carolyn Burke as Executive Vice President and Chief Financial Officer

Retrieved on: 
Mercredi, mars 15, 2023

OAKLAND, Calif., March 15, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today announced that Carolyn Burke, a finance and operations executive with extensive leadership and turnaround experience in Fortune 500 energy and financial services companies, will assume the role of Executive Vice President and Chief Financial Officer, effective May 4, 2023.

Key Points: 
  • OAKLAND, Calif., March 15, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today announced that Carolyn Burke, a finance and operations executive with extensive leadership and turnaround experience in Fortune 500 energy and financial services companies, will assume the role of Executive Vice President and Chief Financial Officer, effective May 4, 2023.
  • She was most recently Executive Vice President and Chief Financial Officer at Chevron Phillips Chemical Company, and previously Executive Vice President, Strategy at Dynegy, where she was part of the executive management team that helped lead the company's emergence from bankruptcy to become a successful power generation and retail electric company.
  • She will succeed Chris Foster, who will leave PG&E following its first quarter earnings call on May 4, 2023, to join CenterPoint Energy as its new Executive Vice President and Chief Financial Officer.
  • As Chief Financial Officer, Ms. Burke will be responsible for audit, accounting, financial planning, investor relations, treasury, and tax functions.

NRG Completes Acquisition of Vivint Smart Home, Inc., Creating the Leading Essential Home Services Platform

Retrieved on: 
Vendredi, mars 10, 2023

The acquisition improves and diversifies NRG’s financial profile while also expanding the total market opportunity available to NRG.

Key Points: 
  • The acquisition improves and diversifies NRG’s financial profile while also expanding the total market opportunity available to NRG.
  • “This acquisition is the next step in our consumer services strategy,” said Mauricio Gutierrez, NRG President and Chief Executive Officer.
  • “Today, NRG is at the intersection of energy and home services, with a unique end-to-end smart home ecosystem underpinned by our exceptional customer experience.
  • NRG’s leadership in energy markets combined with Vivint’s tech-forward smart home solutions come together as a platform to provide additional opportunities to serve customers with products and services across power, natural gas, and essential home services segments.

NRG Energy, Inc. Announces Pricing of Senior Secured First Lien Notes due 2033 and Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock

Retrieved on: 
Jeudi, mars 2, 2023

The Preferred Shares are perpetual, have no maturity date and may not be redeemed unless under certain limited exceptions.

Key Points: 
  • The Preferred Shares are perpetual, have no maturity date and may not be redeemed unless under certain limited exceptions.
  • The offering of the Notes (the “Notes Offering”) and the offering of the Preferred Shares (the “Preferred Shares Offering” and, together with the Notes Offering, the “Offerings”) are expected to close on March 9, 2023, subject to customary closing conditions.
  • This press release does not constitute an offer to sell any security, including the Notes and the Preferred Shares, nor a solicitation for an offer to purchase any security, including the Notes or the Preferred Shares.
  • NRG does not intend to file a registration statement for the resale of the Notes or the Preferred Shares.

NRG Energy, Inc. Announces Offerings of Senior Secured First Lien Notes due 2033 and Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock

Retrieved on: 
Mercredi, mars 1, 2023

NRG Energy, Inc. (NYSE:NRG) announced the commencement of an offering of (i) $740.0 million aggregate principal amount of senior secured first lien notes due 2033 (the “Notes”) and (ii) 650,000 shares of Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock (the “Preferred Shares”).

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) announced the commencement of an offering of (i) $740.0 million aggregate principal amount of senior secured first lien notes due 2033 (the “Notes”) and (ii) 650,000 shares of Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock (the “Preferred Shares”).
  • The Notes will be senior secured first lien obligations of NRG and will be guaranteed by each of NRG’s current and future subsidiaries that guarantee indebtedness under NRG’s credit agreement.
  • The Preferred Shares will have a $1,000 liquidation preference per share and will not be guaranteed by NRG’s current and future subsidiaries.
  • NRG does not intend to file a registration statement for the resale of the Notes or the Preferred Shares.

SB ENERGY WELCOMES GAETAN FROTTE AS CHIEF FINANCIAL OFFICER

Retrieved on: 
Mardi, février 28, 2023

REDWOOD CITY, Calif., Feb. 28, 2023 /PRNewswire/ -- SB Energy Global, LLC ("SB Energy") announced today that Gaetan Frotte has joined the company as Chief Financial Officer to lead SB Energy's corporate finance functions.

Key Points: 
  • REDWOOD CITY, Calif., Feb. 28, 2023 /PRNewswire/ -- SB Energy Global, LLC ("SB Energy") announced today that Gaetan Frotte has joined the company as Chief Financial Officer to lead SB Energy's corporate finance functions.
  • "We are thrilled to welcome Gaetan to SB Energy at a time of rapid growth for our company and of transformation for the entire energy industry," said Abhijeet Sathe, co-CEO of SB Energy.
  • "In just four years, SB Energy has created one of the strongest execution teams and growth opportunities in renewable energy," said Gaetan Frotte, Chief Financial Officer of SB Energy.
  • "I look forward to accelerating SB Energy's growth and strengthening the company's financial infrastructure, as we differentiate SB Energy as the leading renewable energy platform combining technology and infrastructure at scale."

NRG Energy, Inc. to Report Full Year and Fourth Quarter 2022 Financial Results on February 16, 2023

Retrieved on: 
Vendredi, février 10, 2023

NRG Energy, Inc. (NYSE: NRG) plans to report its Full Year and Fourth Quarter 2022 financial results on Thursday, February 16, 2023.

Key Points: 
  • NRG Energy, Inc. (NYSE: NRG) plans to report its Full Year and Fourth Quarter 2022 financial results on Thursday, February 16, 2023.
  • Management will present the results during a conference call and webcast at 9:00 a.m. EST (8:00 a.m. CST).
  • A live webcast of the conference call, including presentation materials, can be accessed through NRG’s website at http://www.nrg.com and by clicking on “Presentations & Webcasts” in the “Investors” section found at the top of the home page.
  • The webcast will be archived on the site for those unable to listen in real-time.

Sigma7 Expands Advisory Board with Four New Appointments

Retrieved on: 
Mardi, février 7, 2023

In bolstering its Advisory Board of respected, world-class leaders from military, national security and industry backgrounds, the company expands its ability to help the world’s most critical organizations assess, mitigate and respond to risk.

Key Points: 
  • In bolstering its Advisory Board of respected, world-class leaders from military, national security and industry backgrounds, the company expands its ability to help the world’s most critical organizations assess, mitigate and respond to risk.
  • “We are honored to welcome four outstanding government and industry leaders to Sigma7’s Advisory Board.
  • Tom Cosentino, and Dr. Nadia Schadlow on Sigma7’s Advisory Board.
  • He has extensive mining executive and board experience and is a long-time Fellow of the Institute of Directors (UK).

NRG Energy, Inc. Announces Quarterly Dividend

Retrieved on: 
Vendredi, janvier 20, 2023

NRG Energy, Inc. (NYSE:NRG) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.3775 per share, or $1.51 per share on an annualized basis.

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.3775 per share, or $1.51 per share on an annualized basis.
  • This dividend represents an 8% increase from the prior year, in line with the Company’s previously announced annual dividend growth rate target of 7-9% per share.
  • The dividend is payable on February 15, 2023, to stockholders of record as of February 1, 2023.

EVgo Announces Awardees of First Annual National EV Charging Recognition Program, Presented by Connect the Watts™

Retrieved on: 
Jeudi, janvier 19, 2023

EVgo believes it’s important to spotlight just how much collaboration, partnership and coordination goes into successfully deploying fast charging infrastructure,” said Cathy Zoi, CEO at EVgo.

Key Points: 
  • EVgo believes it’s important to spotlight just how much collaboration, partnership and coordination goes into successfully deploying fast charging infrastructure,” said Cathy Zoi, CEO at EVgo.
  • “Celebrating our ‘EV Charging Heroes’ helps recognize those that are leading the way and creating a template for other stakeholders in the EV charging ecosystem.
  • These ‘EV Charging Heroes’ have more than a commitment to enabling EV adoption, they are walking the walk on getting EV charging infrastructure into the ground.
  • We congratulate this year’s awardees and look forward to working together to accelerate fast charger deployment across the country.”
    EVgo’s National EV Charging Recognition Program recognizes ‘EV Charging Heroes’ across the different sectors working alongside EV charging companies to get charging infrastructure in the ground including site hosts, utilities, local and state governments, engineers, contractors, and equipment manufacturers.