NRG Energy
Energy company serving customers in the northeast United States and Texas
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May 2025 | NRG announced the acquisition of natural gas generation facilities and a commercial and industrial virtual power plant from LS_Power for approximately $12 billion. |
November 2023 | Mauricio Gutierrez resigned from his role as CEO of NRG Energy. Larry Coben was subsequently named Interim President and CEO. |
December 2022 | NRG announced the acquisition of Vivint Smart Home for $2.8 billion, adding home security and automation to its product offerings. |
July 2021 | EVgo completed its SPAC merger and went public with the 'EVGO' ticker on the Nasdaq. |
January 2021 | EVgo announced plans to install electric vehicle chargers at Meijer's midwest retail superstores. |
January 2021 | The Direct Energy acquisition was approved, adding more than 3 million retail customers across 50 US states and 6 Canadian provinces. |
July 2020 | NRG Energy and Centrica entered an agreement for NRG to acquire Direct Energy for $3.625 billion. |
December 2019 | LS Power signed an agreement to acquire EVgo. |
May 2019 | NRG agreed to purchase Stream Energy for $300 million, finalizing the deal in August. |
January 2019 | NRG Community Solar became Clearway Community Solar under the parent company Clearway Energy Group. |
2018 | NRG Energy was recognized for supporting the environment in the Hudson Valley through NRG Community Solar, which builds solar farms that produce and deliver clean energy directly to the power grid. |
2018 | NRG Energy divested ownership of SpaceTag as Station A became a standalone company. NRG Energy retained a minority stake in the company and became a customer of Station A. |
2018 | NRG Energy added Pennywise Power to its retail electricity portfolio and acquired customers from Pioneer Energy of Sugar Land and Stat Energy of Richardson. |
2018 | NRG Energy sold its renewable O&M business, NRG Yield, and renewable energy development and operations to Global Infrastructure Partners (GIP) for $1.375 billion in cash. |
2018 | NRG Energy maintained 2.4 GW of renewable power through O&M operations in 17 different states. |
July 2018 | During a severe heat wave, day-ahead electricity pricing dramatically spiked to $2,172 per MW hour, a significant increase from $28 per MW hour in the previous summer. |
July 2018 | NRG Energy paid GenOn Energy $125 million in a net payment during GenOn's chapter 11 bankruptcy agreement, helping GenOn revamp its capital structure. |
June 2018 | NRG Energy partnered with Cypress Creek Renewables to launch a solar energy project for Sysco, with three solar gardens in Texas providing 25 MW of power, expected to come online in Q1 2019. |
March 2018 | NRG Energy acquired XOOM Energy, a retail electricity provider, for $210 million, adding 300,000 customers to its retail profile. |
February 2018 | NRG Energy sold its stake in NRG Yield to Global Energy Infrastructure Partners and its Louisiana assets to Cleco Corporate Holdings, reducing debt by an estimated $7 billion and generation portfolio from 50,000 MW to 24,000 MW. |
2017 | NRG Energy provided sustainable energy for Super Bowl LI at NRG Stadium, using 600 solar panels and only LEDs, reducing energy consumption by 60%. |
2017 | JPMorgan Chase began powering their Texas facilities through 100% renewable power from NRG Energy's Buckthorn wind farm in Erath County, reaching 75% renewable energy by the end of the year. |
July 2017 | NRG filed a request with the New York State Public Service Commission to avoid Article 10 siting procedures for a proposed turbine replacement project with a total proposed capacity of 579 MW. |
April 2017 | NRG Energy publicly introduced SpaceTag, an in-house analytics platform developed by its Station A research team in San Francisco. The platform was designed to find optimal distributed energy resources for buildings, initially focused on helping with customer acquisition and testing 60 megawatts of flexible clean energy capacity for Southern California Edison's Orange County and Los Angeles power grid. |
2016 | NRG sold the EVgo charging network to Vision Ridge Partners, a Colorado-based sustainable-energy investment firm, for an undisclosed amount. |
2016 | NRG Energy oversaw O&M for nine generation facilities with a 9.2 GW portfolio. |
November 2016 | NRG Energy took over Operations & Management (O&M) for two Texas plants: Mustang (a 958 MW natural gas turbine plant in Denver City) and Antelope Elk Energy Center (a 744 MW natural gas facility in Abernathy). |
December 2015 | David Crane was removed from his duties, and Mauricio Gutierrez was appointed as Chief Executive and President of NRG Energy. NRG's shares rose 63% to $17.90 after falling 60% earlier in the year. |
2014 | NRG Energy helped restart the Aspen Power plant, the first wood-based biomass plant in Texas, which consumes 525,000 tons of logging debris and municipal wood waste annually and produces 50 MW of power. |
October 2014 | NRG Energy acquired Pure Energies Group, a residential solar company focused on web-based customer acquisition. |
September 2014 | NRG acquired Goal Zero, a manufacturer of personal solar power products. |
March 2014 | NRG Energy acquired Dominion Resources Inc. and Cirro Energy, expanding its retail electric customer base by 30 percent and adding approximately 600,000 accounts across multiple states including Connecticut, Illinois, Massachusetts, Maryland, New York, New Jersey, Ohio, and Pennsylvania, as well as Texas. |
2013 | NRG Energy helped the San Francisco 49ers Stadium gain LEED certification by installing solar array-covered bridges, a solar canopy over the green roof, and solar panels over the 49ers training center, with a peak solar capacity of 400 kW. |
2013 | NRG Energy acquired Edison Mission for $2.6 billion and added Energy Curtailment Specialists, Inc. (later NRG Curtailment Solutions, Inc.), bringing total generation capacity to 46,000 MW. |
August 2013 | NRG acquired Energy Curtailment Specialists, a Buffalo-based Demand response company. |
2012 | NRG Energy partnered with the DLR Group to design a solar system for Patriot Place in Massachusetts, creating a solar array that produces an estimated 30% of the power for the venue and provides renewable energy education. |
December 2012 | NRG Energy completed the acquisition of GenOn Energy for $1.7 billion in stock and cash, retiring the GenOn name but keeping its Houston headquarters. |
2011 | NRG Energy's generation portfolio reached 25,135 MW, with only 1,000 MW outside of the United States. |
January 2011 | Green Mountain Energy, an NRG Energy retail subsidiary, signed a two-year agreement to provide 100% renewable energy for the Empire State Building. |
December 2010 | NRG launched the EVgo network, the first completely private public car charging station network for electric power vehicles. |
November 2010 | NRG acquired Green Mountain Energy, becoming the largest retailer of green power in the nation, providing 100% renewable energy to customers. |
This contents of the box above is based on material from the Wikipedia article NRG Energy, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.