“Market Cap $10.3 B As of May 2014
At a Glance
- Industry: Electric Utilities
- Founded: 1989
- Country: United States
- CEO: David Crane
- Website: www.nrgenergy.com
- Employees: 7,786
- Sales: $11.85 B
- Headquarters: Princeton, New Jersey
#930 Global 2000
- #828 in Sales
- #691 in Assets
- #1039 in Market value
NRG Energy, Inc. is an integrated wholesale power generation and retail electricity company. The company operates through the following businesses: Wholesale Power Generation, Retail and Alternative Energy. The Wholesale Power Generation business is engaged in the ownership and operation of power generation facilities; the trading of energy, capacity and related products; and the transacting in and trading of fuel and transportation services. The Retail business is engaged in the supply of electricity, energy services, and cleaner energy products to retail electricity customers in deregulated markets. The Alternative Energy business is focused on the deployment and commercialization of potential disruptive technologies, such as electric vehicles, distributed solar and smart meter technology and also include other low or no greenhouse gases, emitting energy generating sources, such as the fueling infrastructure for electric vehicle. NRG Energy was founded in 1989 and is headquartered in Princeton, NJ.“
“NRG Energy company Overview
NRG is taking a leading role in responding to climate change and reducing greenhouse gases from current and future power generation facilities. We are focused on the next wave of energy innovation while continuing to meet the country’s energy needs.
A Fortune 250 company, NRG is at the forefront of changing how people think about and use energy. Whether as the largest solar power developer in the country, by building the nation’s first privately funded electric vehicle charging infrastructure or by giving customers the latest smart energy solutions to better manage their energy use, NRG is a pioneer in developing cleaner and smarter energy choices for our customers.
Our diverse power generating facilities have a capacity of about 53,000 megawatts, capable of supporting almost 42 million homes. Our retail electricity providers — Reliant and Energy Plus — and thermal energy division serve more than two million residential, business, commercial and industrial customers in 47 states.
NRG supports clean energy resources and technologies critical to our transition to a sustainable, low carbon society.
In addition to our environmental efforts, we actively contribute to the local communities where NRG employees live and work. Since 2004, our Global Giving program has provided millions of dollars to organizations and charities that have a direct impact on the lives of the people in our communities, including food banks and those that foster self-sufficiency, improve housing and provide supplemental education to people in need. NRG has also organized special responses for victims of extreme catastrophe, such as the Haitian earthquake and the Japanese tsunami in 2010. Employee donations were tripled to maximize the contributions.
NRG has won numerous awards for industry leadership and many of its nationwide econrg initiatives, which are targeted toward meeting the challenges of climate change, clean air and natural resources protection.”
*Information from Forbes.com and Nrgenergy.com
**Video published on YouTube by “nrgenergyinc“