Founded in 1989, NRG is a wholesale power generation company, primarily engaged in the ownership and operation of power generation facilities and the sale of energy, capacity and related products in the United States and internationally. We have a diverse portfolio of electric generation facilities in terms of geography, fuel type and dispatch levels which helps us mitigate risk. NRG’s global portfolio of projects totals over 24,000 net MW. Operations include competitive energy production and cogeneration facilities, power marketing, district heating and cooling production, thermal energy production and resource recovery facilities.
“In June 2006, NRG launched a $16 billion re-powering program to develop over 10,000 MW of efficient and environmentally responsible new power generation, including nuclear, wind and IGCC with carbon capture and sequestration.”