NRG Energy

NRG Completes Sale of its Interest in South Texas Project

Retrieved on: 
Wednesday, November 1, 2023

NRG Energy, Inc. (NYSE: NRG) announced today its subsidiaries Texas Genco LP LLC and Texas Genco GP LLC have completed the sale of NRG South Texas LP, which owns a 44% interest in the South Texas Project Electric Generating Station (STP), to Constellation for $1.75 billion.

Key Points: 
  • NRG Energy, Inc. (NYSE: NRG) announced today its subsidiaries Texas Genco LP LLC and Texas Genco GP LLC have completed the sale of NRG South Texas LP, which owns a 44% interest in the South Texas Project Electric Generating Station (STP), to Constellation for $1.75 billion.
  • STP is a 2,645 MW nuclear facility located about 90 miles southwest of Houston in Bay City, Texas.
  • The sale received final regulatory approval from the Nuclear Regulatory Commission on October 30, 2023.
  • “Completion of the sale is an important step in creating shareholder value through optimizing our diversified power supply portfolio,” said Mauricio Gutierrez, NRG President and Chief Executive Officer.

Constellation Completes Acquisition of Ownership Stake in Texas Nuclear Plant

Retrieved on: 
Wednesday, November 1, 2023

Constellation, operator of the nation’s largest fleet of reliable, carbon-free nuclear plants, announced today it has completed its acquisition of NRG Energy Inc.’s 44 percent ownership stake in the South Texas Project Electric Generating Station (STP), a 2,645-megawatt, dual-unit nuclear plant located about 90 miles southwest of Houston.

Key Points: 
  • Constellation, operator of the nation’s largest fleet of reliable, carbon-free nuclear plants, announced today it has completed its acquisition of NRG Energy Inc.’s 44 percent ownership stake in the South Texas Project Electric Generating Station (STP), a 2,645-megawatt, dual-unit nuclear plant located about 90 miles southwest of Houston.
  • The ownership transfer was approved on October 30 by the Nuclear Regulatory Commission, which was the final regulatory approval needed before closing the deal.
  • View the full release here: https://www.businesswire.com/news/home/20231031137269/en/
    The South Texas Project Electric Generating Station is a 2,645-megawatt, dual-unit nuclear plant located about 90 miles southwest of Houston.
  • Constellation also is working to reach a favorable resolution for all parties in the related litigation pending in Matagorda County, Texas.

NRG Energy and City of Pittsburgh Extend Collaboration with Wind Power

Retrieved on: 
Monday, October 30, 2023

NRG Energy Inc. (NYSE:NRG) is pleased to announce the renewed collaboration between its brand Direct Energy and the Western Pennsylvania Energy Consortium (WPEC), led by the City of Pittsburgh and its partner organizations.

Key Points: 
  • NRG Energy Inc. (NYSE:NRG) is pleased to announce the renewed collaboration between its brand Direct Energy and the Western Pennsylvania Energy Consortium (WPEC), led by the City of Pittsburgh and its partner organizations.
  • Beginning in 2016, Direct Energy has worked with WPEC and the City of Pittsburgh—in collaboration with Enel North America—to help move the city toward a more sustainable future.
  • “The city’s continued collaboration with NRG Energy assists us in having cleaner energy without the high cost for our facilities which helps our communities.
  • The consortium boasts more than 20 local members including the City of Pittsburgh, Pittsburgh Zoo, Sports and Exhibition Authority, Pittsburgh Water and Sewer Authority, Parking Authority, Stadium Authority, and numerous surrounding boroughs.

NRG Energy, Inc. to Report Third Quarter 2023 Financial Results on November 2, 2023

Retrieved on: 
Wednesday, October 25, 2023

NRG Energy, Inc. (NYSE:NRG) plans to report its Third Quarter 2023 financial results on Thursday, November 2, 2023.

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) plans to report its Third Quarter 2023 financial results on Thursday, November 2, 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 and presentation materials can be accessed through the investor relations website under “presentations and webcasts” at investors.nrg.com .
  • The webcast will be archived on the site for those unable to listen in real time.

NRG Energy, Inc. Announces Quarterly Dividend

Retrieved on: 
Thursday, October 19, 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. The dividend is payable on November 15, 2023, to stockholders of record as of November 1, 2023.

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. The dividend is payable on November 15, 2023, to stockholders of record as of November 1, 2023.

Portable Power Station Market size worth USD 530.46 Million, Globally, by 2028 at 5.0% CAGR: Verified Market Research®

Retrieved on: 
Thursday, October 5, 2023

JERSEY CITY, N.J., Oct. 5, 2023 /PRNewswire/ -- The Global Portable Power Station Market is projected to grow at a CAGR of 5.0% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 354.94 Million in 2020 and is expected to reach USD 530.46 Million by the end of the forecast period.

Key Points: 
  • The " Global Portable Power Station Market Size By Technology, By Power Source, By Application, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Portable Power Station Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Portable Power Station Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Portable Power Station Market into Technology, Power Source, Application, And Geography.

Portable Power Station Market size worth USD 530.46 Million, Globally, by 2028 at 5.0% CAGR: Verified Market Research®

Retrieved on: 
Thursday, October 5, 2023

JERSEY CITY, N.J., Oct. 5, 2023 /PRNewswire/ -- The Global Portable Power Station Market is projected to grow at a CAGR of 5.0% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 354.94 Million in 2020 and is expected to reach USD 530.46 Million by the end of the forecast period.

Key Points: 
  • The " Global Portable Power Station Market Size By Technology, By Power Source, By Application, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Portable Power Station Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Portable Power Station Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Portable Power Station Market into Technology, Power Source, Application, And Geography.

Goal Zero Announces the All-New Yeti PRO 4000 Power Station and Tank PRO Expansion Batteries for Homes, RVs and Beyond

Retrieved on: 
Tuesday, October 3, 2023

SALT LAKE CITY, Oct. 3, 2023 /PRNewswire/ -- Goal Zero, a leader in portable energy, today announced the Yeti PRO 4000 and Tank PRO expansion batteries — the latest entries in the company's history of market-leading power stations. The Yeti PRO 4000 provides days of backup power in one compact device, giving consumers significantly more power and faster charging than the previous generation.

Key Points: 
  • SALT LAKE CITY, Oct. 3, 2023 /PRNewswire/ -- Goal Zero, a leader in portable energy, today announced the Yeti PRO 4000 and Tank PRO expansion batteries — the latest entries in the company's history of market-leading power stations.
  • The Yeti PRO 4000 provides days of backup power in one compact device, giving consumers significantly more power and faster charging than the previous generation.
  • Together with the Tank PRO, the Yeti PRO 4000 Pro can provide up to 20,000Wh of power, along with near-indefinite renewable energy by pairing the power station with solar panels.
  • Key Yeti PRO 4000 features include:
    Best-in-class power output: The Yeti PRO 4000 easily handles heavy-duty appliances and powers more for longer thanks to its next-generation efficient inverter technology.

ArcLight Appoints Curt Morgan as a Senior Advisor

Retrieved on: 
Thursday, September 21, 2023

BOSTON, Sept. 21, 2023 /PRNewswire/ -- ArcLight Capital Partners, LLC (together with its affiliates, "ArcLight"), a leading middle market infrastructure investment firm, has appointed Curt Morgan, former CEO of Vistra Corp., as a Senior Advisor. Mr. Morgan will work with various ArcLight portfolio companies as well as assist in identifying new investment opportunities across the U.S.

Key Points: 
  • BOSTON, Sept. 21, 2023 /PRNewswire/ -- ArcLight Capital Partners , LLC (together with its affiliates, "ArcLight"), a leading middle market infrastructure investment firm, has appointed Curt Morgan, former CEO of Vistra Corp., as a Senior Advisor.
  • Mr. Morgan will work with various ArcLight portfolio companies as well as assist in identifying new investment opportunities across the U.S.
    "We are excited to welcome Curt Morgan to our Senior Advisor team, which already includes highly experienced and respected leaders in the industry," said Dan Revers , Managing Partner at ArcLight.
  • "He brings to ArcLight decades of experience, having managed one of the leading integrated publicly traded power companies.
  • Mr. Morgan joins ArcLight's team of Senior Advisors including former DTE Energy Chairman and CEO Gerry Anderson, Toronto Hydro CEO Anthony Haines, and former Entergy Chairman and CEO Leo Denault.

Goal Zero Announces the All-New Skylight, the First in its Yeti-Ready Gear Line

Retrieved on: 
Tuesday, September 12, 2023

SALT LAKE CITY, Sept. 12, 2023 /PRNewswire/ -- Goal Zero, a leader in portable energy, announced today the Skylight, the first product in its Yeti-Ready Gear line. This easy-to-setup, portable area light produces 6000 lumens that can illuminate up to 70,000 square feet of space, providing dramatically more visibility than a standard camping light. The Skylight allows you to take customizable lighting wherever you go, whether that's on your next camping trip, in your backyard, lighting up a home improvement project and beyond.

Key Points: 
  • Goal Zero's Yeti-Ready Gear line is designed with ease of use as a top priority.
  • "As the first product in that line, the Skylight is an incredibly engineered lighting solution for backyards, camping and more.
  • The Skylight will retail for $299.95 and will be available at GoalZero.com, Amazon.com, REI, and other specialty retail outlets.
  • For more information about Goal Zero and its award-winning products, please visit www.goalzero.com or connect on Facebook , Twitter and Instagram .