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July 4, 2024

NRG Energy

NRG Announces $1 Billion Stock Buyback, $70 Million Sale
NRG Energy said that its board has authorized the company to spend $1 billion on its stock repurchase program.
NRG
NRG Selling Renewables, Other Assets for $2.8 Billion
NRG Energy has agreed to sell its renewables businesses, its interest in NRG Yield and its South Central Generating subsidiary in transactions that will bring the company $2.8 billion in cash and take $7 billion in debt off its books.
CAISO
CAISO 2030 Vision Gets Mixed Reviews
Operators of traditional resources say the Vision 2030 paper drifts outside CAISO’s purpose of assuring reliability and managing markets.
NRG
NRG Optimistic Despite Q3 Profit Decline
NRG Energy earned $171 million ($0.53/share) last quarter, compared with $402 million ($1.27/share) in the same period last year.
FERC Clarifies Ruling on NYISO Capacity Change
FERC denied NRG’s request for rehearing of an order concerning NYISO Tariff revisions intended to correct an inefficiency in the ISO’s capacity market.
EBA Panelists Talk ‘Wacky’ NOPR, ‘Modest’ ZECs, ‘Rent Seeking’
The Energy Bar Association Mid-Year Forum included discussions of subsidies and the Energy Department's proposed grid resiliency pricing rule.
NRG
NRG Signals Pull-out on Proposed Puente Plant
NRG Energy asked the California Energy Commission to suspend its review of the Puente Power Project, a proposed 262-MW gas-fired plant in Oxnard.
CEC Members Recommend No-Go for Puente Plant
Two California Energy Commissioners are recommending the agency deny a permit to construct NRG’s proposed Puente Power Project natural gas-fired plant.
© RTO Insider
Overheard at the GCPA 2017 Fall Conference
The Gulf Coast Power Association’s 32nd Annual Fall Conference attracted several hundred attendees to the Texas state capital.
CEO Panel: DOE NOPR Continues ‘Cycle of Subsidies’
A panel of CEOs from some of Texas’ largest energy companies panned Rick Perry’s directive that FERC consider supporting struggling coal and nuclear plants.

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