NRG Energy

NRG Energy, Inc. Announces Repurchases with Holders of 2.75% Convertible Senior Notes due 2048

Retrieved on: 
Wednesday, April 3, 2024
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, NRG Energy, Sale

NRG Energy, Inc. (NYSE:NRG) announced today that it has entered into separate, privately negotiated transactions with certain holders of its existing 2.75% convertible senior notes due 2048 (the “Convertible Notes”) to repurchase approximately $251 million aggregate principal amount of the Convertible Notes.

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) announced today that it has entered into separate, privately negotiated transactions with certain holders of its existing 2.75% convertible senior notes due 2048 (the “Convertible Notes”) to repurchase approximately $251 million aggregate principal amount of the Convertible Notes.
  • The Convertible Notes repurchases are expected to close over a period ending on or about April 18, 2024, subject to customary closing conditions.
  • Following the closing of the repurchases, and after giving effect to approximately $92 million aggregate principal amount of Convertible Notes that the Company had previously repurchased, approximately $232 million aggregate principal amount of Convertible Notes will remain outstanding.
  • This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction.

Boston Children’s Hospital and NRG Energy celebrate $1 million milestone, thanks to the Choose to Give program

Retrieved on: 
Thursday, March 28, 2024
Hospitals, Other Energy, Utilities, Philanthropy, Energy, Health, Fund Raising, General Health, Other Philanthropy, Electricity, Boston Children's Hospital, Government, Learning, Partnership, NRG, Hospital trust, Research, Rombach, Hospital, NRG Energy, Multimedia, Corporate development, Policy, Health insurance

NRG Energy, one of the leading suppliers of energy and home services in Massachusetts, today celebrated surpassing $1 million in contributions to Boston Children’s Hospital from its charitable program, Choose to Give .

Key Points: 
  • NRG Energy, one of the leading suppliers of energy and home services in Massachusetts, today celebrated surpassing $1 million in contributions to Boston Children’s Hospital from its charitable program, Choose to Give .
  • “We’re delighted to recognize NRG’s generous support,” said Michael Bornhorst, Vice President, Corporate Development, Leadership Giving & Special Events at Boston Children’s Hospital Trust.
  • “Our longstanding partnership with Boston Children’s Hospital is extremely important to us at NRG,” said Mike Rombach, Vice President and General Manager of NRG Home.
  • Customers interested in learning more about the NRG electricity plan benefiting Boston Children’s Hospital, or to enroll can visit picknrg.com/bch .

SWIFT CURRENT ENERGY ANNOUNCES POWER PURCHASE AGREEMENT AND TAX EQUITY FINANCING FOR 260 MW SOLAR PROJECT IN TEXAS

Retrieved on: 
Tuesday, March 26, 2024
Diamond, Electricity, Associated Banc-Corp, Solar energy, Project, Swift Current, Vinson & Elkins, City, Carbon, UnitedHealth Group, Morgan Stanley, ATI Technologies, NRG Energy, PPA, Willkie Farr & Gallagher, First Solar, Renewable energy

HOUSTON, March 26, 2024 /PRNewswire/ -- Swift Current Energy ("Swift Current") today announced that its 260 MWdc Tres Bahias Solar project ("Tres Bahias" or the "Project") located on the Gulf Coast of Texas is now powering City of Houston facilities through a power purchase agreement ("PPA") with an affiliate of NRG Energy, Inc. ("NRG Energy"). Tres Bahias is the largest operating solar project in Calhoun County, Texas and the third largest in the Texas Gulf Coast region.

Key Points: 
  • Solar energy generated from Tres Bahias Solar will supply power to City of Houston facilities via a PPA with an NRG Energy, Inc. affiliate
    HOUSTON, March 26, 2024 /PRNewswire/ -- Swift Current Energy ("Swift Current") today announced that its 260 MWdc Tres Bahias Solar project ("Tres Bahias" or the "Project") located on the Gulf Coast of Texas is now powering City of Houston facilities through a power purchase agreement ("PPA") with an affiliate of NRG Energy, Inc. ("NRG Energy").
  • Tres Bahias is the largest operating solar project in Calhoun County, Texas and the third largest in the Texas Gulf Coast region.
  • Swift Current previously announced that ING Capital, LLC provided construction financing for the Project, with Siemens Financial Services and Associated Bank as additional lenders in the construction financing.
  • A portion of the solar energy generated from the Project will be used to power some City of Houston facilities.

Tarkett's 2023 CSR report highlights progress in climate ambition, circular economy and support to people & communities

Retrieved on: 
Monday, March 18, 2024
CDP, Electricity, Certification, Climate change, Organization, Science Based Targets initiative, Regeneration, Sport, Biophysical environment, Recycling, FieldTurf, PVB, Transport, Science, Carbon, Student, Woman, NRG Energy, CSR, Gold, Gold medal, LVT, Targets, DOE, Chagrin Falls, Ohio, Organic compound, Environmental Defense Fund, Renewable energy

CDP, recognized as the gold standard of environmental reporting, granted Tarkett's climate action with a leadership level A- score.

Key Points: 
  • CDP, recognized as the gold standard of environmental reporting, granted Tarkett's climate action with a leadership level A- score.
  • Tarkett is the only flooring and sports surfaces manufacturer to reach such a high level of maturity in 2023.
  • "In 2023, Tarkett North America made significant progress toward establishing a circular economy where nothing goes to waste," said Roxane Spears, vice president of sustainability for Tarkett North America.
  • "Our latest CSR report exhibits Tarkett's holistic approach to sustainability and acknowledgement that every step of our approach matters.

NRG Energy, Inc. Announces Quarterly Dividend

Retrieved on: 
Friday, January 19, 2024
Oil, Gas, Alternative Energy, Energy, Other Energy, Utilities, NRG Energy

NRG Energy, Inc. (NYSE: NRG) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.4075 per share, or $1.63 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 $0.4075 per share, or $1.63 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, 2024, to stockholders of record as of February 1, 2024.

NRG Energy, Inc. to Report Full Year and Fourth Quarter 2023 Financial Results on February 28, 2024

Retrieved on: 
Wednesday, January 17, 2024
Environment, Utilities, Oil, Gas, Sustainability, Alternative Energy, Energy, NRG, CST, EST, NRG Energy, Webcast

NRG Energy, Inc. (NYSE:NRG) plans to report its full year and fourth quarter 2023 financial results on Wednesday, February 28, 2024.

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) plans to report its full year and fourth quarter 2023 financial results on Wednesday, February 28, 2024.
  • Management will present the results during a conference call and webcast at 9:00 a.m. EST (8:00 a.m. CST).
  • The company will issue a press release regarding the full year and fourth quarter 2023 financial results prior to the conference call, and it will be available on the NRG website at www.nrg.com .
  • A replay of the webcast will be available on the site for those unable to listen in real time.

J.B. Hunt Adds Former Kansas City Southern President and CEO Patrick Ottensmeyer to Board of Directors

Retrieved on: 
Tuesday, January 16, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, CPKC, Hill, CP, Kansas City Southern, Commerce, Power, Brookings Institution, USMCA, Freedom, NRG Energy, JBHT, Compensated emancipation, Watco, Retirement, Marketing, KCS, The Greenbrier Companies, United, Canadian Pacific Railway, Character, Management

Ottensmeyer brings more than 17 years of rail industry experience to the company’s board.

Key Points: 
  • Ottensmeyer brings more than 17 years of rail industry experience to the company’s board.
  • He served as president and CEO of Kansas City Southern (KCS), a Class I railroad, from 2015 to 2023, until the completion of the merger creating Canadian Pacific Kansas City (CPKC) in 2023.
  • Ottensmeyer served as the U.S. Chairman of the U.S. Chamber of Commerce’s U.S.-Mexico Economic Council (USMXECO) from 2019 to 2023.
  • Ottensmeyer is the third new board member since 2021 for J.B. Hunt and will serve on the board’s Compensation Committee and Nominating and Governance Committee.

TurningPoint Energy Announces Salar Naini as President, Jared Schoch as Chairman

Retrieved on: 
Tuesday, January 9, 2024
Consulting, Construction & Property, Professional Services, Building Systems, Utilities, Green Technology, Alternative Energy, Environment, Energy, Finance, Sustainability, Policy, Multimedia, Business school, Coalition, Schoch, Business, NRG Energy, Business development, Naini

TurningPoint Energy, a leader in community solar development in the United States, today announced that Salar Naini has been appointed as President, and former President Jared Schoch has transitioned to Chairman.

Key Points: 
  • TurningPoint Energy, a leader in community solar development in the United States, today announced that Salar Naini has been appointed as President, and former President Jared Schoch has transitioned to Chairman.
  • Naini will lead the company’s day-to-day business operations into the future of the energy transition, while Schoch will move out of the daily operations and into a board-only role.
  • Schoch is the founder of TurningPoint Energy and has served as President since the company’s inception 10 years ago.
  • View the full release here: https://www.businesswire.com/news/home/20240109083737/en/
    Salar Naini, President of TurningPoint Energy (Photo: TurningPoint Energy)
    “I want to thank Jared for creating the cultural foundation that is TurningPoint Energy, a template that we have been building from for the last eight years,” said Naini.

Goal Zero Expands Its Portable Power Station Range With All-New Yeti 300, 500 and 700

Retrieved on: 
Tuesday, January 9, 2024
IPX4, International, NRG Energy, Consumer Electronics Show, REI, Electric battery

SALT LAKE CITY, Jan. 8, 2024 /PRNewswire/ -- Goal Zero, the leader in portable energy, today announced the latest products in its market-leading Yeti line of portable power stations. The new Compact Yeti power station line of the Yeti 300, Yeti 500 and Yeti 700 includes market-leading durability and charging speeds, for reliable, versatile power wherever adventure takes you.

Key Points: 
  • The new Compact Yeti power station line of the Yeti 300, Yeti 500 and Yeti 700 includes market-leading durability and charging speeds, for reliable, versatile power wherever adventure takes you.
  • Built to meet the demanding standards of outdoor work and play, the Yeti 300, Yeti 500 and Yeti 700 provide high power output packed into a compact and easy-to-use size.
  • Key features of the new Yeti 300, 500, and 700 power stations include:
    Best-in-class power output: Packing a punch in spite of its small size, the Yeti 300, 500 and 700 can run portable fridges, air pumps, pellet grills and even power tools in larger capacities.
  • Guests at International CES 2024 can see the Yeti 300, Yeti 500 and Yeti 700 along with Goal Zero's award-winning product line at the Venetian Expo, Halls A-D, Level 2, Booth 53207.

Goal Zero Introduces Alta Portable Fridges; Adds to Its Line of Yeti-Ready Gear

Retrieved on: 
Tuesday, January 9, 2024
AC, International, Yeti, NRG Energy, Consumer Electronics Show, REI, Temperature, GZ

SALT LAKE CITY, Jan. 8, 2024 /PRNewswire/ -- Goal Zero, the leader in portable energy, today announced its first entry in a new category: the Alta line of portable fridges. Alta fridges are part of the company's Yeti-Ready Gear line of products, which are designed to work seamlessly with the expansive Yeti line of portable power stations.

Key Points: 
  • SALT LAKE CITY, Jan. 8, 2024 /PRNewswire/ -- Goal Zero, the leader in portable energy, today announced its first entry in a new category: the Alta line of portable fridges.
  • Alta fridges are part of the company's Yeti-Ready Gear line of products, which are designed to work seamlessly with the expansive Yeti line of portable power stations.
  • Featuring two different capacities, the Alta 50 and Alta 80 are portable, energy-efficient and built to take on the go.
  • "Portable fridges are game-changers for anyone away from home for just the weekend or long stretches," said Bill Harmon, general manager at Goal Zero.