NRG Energy Inc - Company Profile
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NRG Energy Inc (NRG) is an integrated energy company. It generates and supplies electricity. The company produces electricity using coal, natural gas, nuclear, oil, biomass, wind, and solar sources. NRG owns power generation plants and operates facilities for third parties. It carries out plant operations, commercial operations, EPC, asset management, energy services and other related critical functions. NRG sells energy, services and associated products and services to retail customers under the NRG, Reliant, Green Mountain Energy, Stream and XOOM Energy. The company provides energy and related services to residential, industrial, and commercial consumers at fixed, indexed or variable prices. NRG is headquartered in Houston, Texas, the US.
NRG Energy Inc premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Electricity | NRG |
Natural Gas | Reliant |
Green Mountain Energy | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Divestiture | In November, Texas Genco and Texas Genco GP LLC completed the sale of NRG South Texas LP to Constellation for US$1.75 billion. |
2023 | Contracts/Agreements | In October, the company's brand Direct Energy and the Western Pennsylvania Energy Consortium renewed their collaboration to help reduce emissions associated with the consortium’s annual power usage. |
2023 | Others | In June, the company announced to sell its 44% stake in South Texas Project Electric Generating Station to Constellation NewEnergy Inc for US$1.75 billion. |
Competitor Comparison
Key Parameters | NRG Energy Inc | Exelon Corp | Vistra Corp | The AES Corp | Public Service Enterprise Group Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Houston | Chicago | Irving | Arlington | Newark |
State/Province | Texas | Illinois | Texas | Virginia | New Jersey |
No. of Employees | 18,131 | 19,962 | 4,870 | 9,600 | 12,543 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Lawrence S. Coben | Chief Executive Officer - Interim; Chairman; President - Interim | Executive Board | 2023 | 65 |
Bruce Chung | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 50 |
Michael Bramnick | Senior Vice President - Administration; Chief Compliance Officer | Senior Management | 2021 | - |
Lynda Clemmons | Chief Sustainability Officer | Senior Management | - | - |
Brian Curci | Executive Vice President - Legal; General Counsel | Senior Management | 2021 | 46 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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