NRG


Associated tags: Electricity, NRG, Natural gas, Energy, Utilities, Oil, Gas, Alternative Energy, Other Energy, NRG Energy, Nuclear, NYSE, Coal

Locations: ILLINOIS, UTAH, HUB CITY, HOOKS, UNITED STATES, NORTH AMERICA, MASSACHUSETTS, PENNSYLVANIA, CANADA

NRG Energy celebrates $4 million donation milestone to Children’s Hospital of Philadelphia, thanks to its Choose to Give program

Retrieved on: 
Thursday, May 9, 2024

The milestone was celebrated at the hospital with a check presentation and a tour of the Cardiac Center at CHOP.

Key Points: 
  • The milestone was celebrated at the hospital with a check presentation and a tour of the Cardiac Center at CHOP.
  • To date, NRG has contributed more than $4.2 million through the program, funding more than 30 projects and research initiatives led by experts in CHOP’s Cardiac Center.
  • When NRG customers enroll through the Choose to Give electricity plan, NRG contributes $50 to CHOP.
  • To date, NRG and its customers have contributed more than $15 million to local organizations across the country through this program.

NRG Energy, Inc. Reports First Quarter Results and Reaffirms 2024 Financial Guidance

Retrieved on: 
Tuesday, May 7, 2024

NRG’s first quarter 2024 Adjusted EBITDA grew by $203 million year-over-year as the Company continued its strong consolidated financial performance.

Key Points: 
  • NRG’s first quarter 2024 Adjusted EBITDA grew by $203 million year-over-year as the Company continued its strong consolidated financial performance.
  • NRG intends to repurchase $825 million of additional shares throughout 2024 and is currently in the market repurchasing shares through a 10b5-1 plan.
  • The annual dividend was increased in January 2024 to $1.63 from $1.51 per common share, representing an 8% increase from 2023.
  • NRG will only repurchase shares when management believes it would not jeopardize the Company’s ability to maintain satisfactory credit ratings.

Reliant Home Run Derby with Dallas Cowboys Scores $145,000 to North Texas Nonprofits

Retrieved on: 
Thursday, May 2, 2024

The event featured appearances from mascots Hugo (Reliant), Rowdy (Cowboys) and Shieldy (The Salvation Army).

Key Points: 
  • The event featured appearances from mascots Hugo (Reliant), Rowdy (Cowboys) and Shieldy (The Salvation Army).
  • The national anthem was performed by The Salvation Army Band, while the Dallas Cowboys Cheerleaders and Chowboyz also joined in the fun.
  • “The Reliant Home Run Derby brings us together to swing for the fence and raise funds for a good cause.
  • The eighth annual Reliant Media League featured 12 North Texas reporters from local TV, radio, print and online outlets.

NRG Energy, Inc. Announces Quarterly Dividend

Retrieved on: 
Wednesday, April 17, 2024

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. The dividend is payable on May 15, 2024, to stockholders of record as of May 1, 2024.

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. The dividend is payable on May 15, 2024, to stockholders of record as of May 1, 2024.

NRG Energy, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024

Retrieved on: 
Wednesday, April 17, 2024

NRG Energy, Inc. (NYSE:NRG) plans to report its First Quarter 2024 financial results on Tuesday, May 7, 2024.

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) plans to report its First Quarter 2024 financial results on Tuesday, May 7, 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 First Quarter 2024 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.

Carvana and NRG Unveil Exclusive Giveaway: Your Chance to Win the Ultimate Dream Ride, Personally Delivered by Rocket League Icon Musty

Retrieved on: 
Wednesday, April 10, 2024

Not only will the lucky winner score a sick ride, the vehicle will be personally delivered – Carvana style – directly to their doorstep by none other than NRG squad member and Rocket League icon Musty.

Key Points: 
  • Not only will the lucky winner score a sick ride, the vehicle will be personally delivered – Carvana style – directly to their doorstep by none other than NRG squad member and Rocket League icon Musty.
  • View the full release here: https://www.businesswire.com/news/home/20240410486703/en/
    Carvana and NRG team up for an exclusive giveaway of a Tesla Model 3, personally delivered by NRG squad member and Rocket League icon Musty.
  • Super stoked to work with Carvana and NRG for something absolutely wild,” said Musty.
  • This innovative event, spanning three days last November, set out to discover the next big star in Rocket League.

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

Retrieved on: 
Wednesday, April 3, 2024

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.

New Report Shows Massachusetts Customers Could Have Saved Hundreds of Millions in 2024 Through Competitive Energy Supply

Retrieved on: 
Thursday, March 28, 2024

A new report conducted by Intelometry shows that customers enrolled in an energy plan with a competitive electric supplier could have saved hundreds of millions of dollars since 2022 rather than choosing basic utility service.

Key Points: 
  • A new report conducted by Intelometry shows that customers enrolled in an energy plan with a competitive electric supplier could have saved hundreds of millions of dollars since 2022 rather than choosing basic utility service.
  • In addition, competitive supplier data collected for 2024 shows that from January to March, if all residential customers selected the lowest cost retail supplier, customers would have saved more than $238 million during that period compared to basic utility service.
  • The report was commissioned by NRG , a national Fortune 200 company and the leading competitive supplier of energy and home services in Massachusetts.
  • A review of proprietary data provided by NRG related to its subsidiary Direct Energy, a competitive supplier operating in Massachusetts, shows that Direct Energy customers saved $15.3 million dollars over the years 2022 and 2023, when compared to basic utility service.

NRG Announces Changes in Leadership

Retrieved on: 
Tuesday, March 26, 2024

NRG Energy Inc. (NYSE: NRG) today announced that Elizabeth Killinger has elected to retire from her role as Executive Vice President, NRG Home.

Key Points: 
  • NRG Energy Inc. (NYSE: NRG) today announced that Elizabeth Killinger has elected to retire from her role as Executive Vice President, NRG Home.
  • Rasesh Patel has been named President, NRG Consumer, and will oversee the two separate business segments of Smart Home and Home Energy, effective immediately.
  • “I want to thank Elizabeth for her leadership, service, and dedication to NRG for over 20 years.
  • On behalf of the Board and the entire NRG team, we want to acknowledge her strong commitment to meeting the needs of our customers and employees, while positioning NRG for growth well into the future,” said Larry Coben, NRG Chair, Interim President and CEO.

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

Retrieved on: 
Thursday, March 28, 2024

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 .