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About
NRG Energy, Inc. engages in the production, sale, and distribution of energy and energy services. Its wholesale operations include plant operations, commercial operations, EPC, energy services and other critical related functions. It operates through the following segments: Generation, Retail, Renewables and Corporate. The Generation segment includes company's wholesale operations including plant operations, commercial operations, EPC, energy services and other critical related functions. The Retail segment provides energy and related services as well as personal power to Mass Market consumers through various brandsand sales channels across the U.S. Retail also includes C&I customers and other distributed and reliability products which are within NRG's Business Solutions group. The Renewables segment focuses on the acquisition, development and operation and maintenance of utility scale wind and solar, community solar and distributed solar generation assets as well as the management and operations of the renewable generation assets owned by NRG Yield, Inc. The Corporate segment includes residential solar and electric vehicle services. The company was founded in 1989 and is headquartered in Princeton, NJ. | |||
Description
NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company. The company provides electricity to residential, commercial, and industrial consumers; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, and on-site energy solutions; carbon management and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset management services. It owns and operates approximately 47,000 megawatts of generation. The company also offers retail energy, portable solar, and battery products home services; and various bundled products, which combine energy with protection products, energy efficiency, and renewable energy solutions, as well as other distributed and reliability products. It serves approximately 2.8 million mass recurring customers. In addition, the company owns, operates, and develops solar and wind power projects; develops, constructs, and finances a range of solutions for utilities, schools, municipalities, and commercial markets; provides residential solar and electric vehicle services; and trades in electric power, natural gas, and related commodity and financial products, including forwards, futures, options, and swaps, as well as oil and weather products. As of December 31, 2016, it operated 85 fossil fuel and nuclear plants. Further, the company transacts and trades in fuel and transportation services; directly sells energy, services, and products and services to retail customers under the NRG, Reliant, and other names; and provides steam, hot water, and chilled water, as well as electricity to commercial businesses, universities, hospitals, and governmental units. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey. |