February 28, 2018
Platinum Equity announced that it has signed a definitive agreement to acquire GenOn’s Hunterstown power generation facility and related assets in a transaction valued at approximately $520 million.
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February 7, 2018
NRG Energy, Inc. and Global Infrastructure Partners (GIP) have entered into a Purchase Agreement for GIP to purchase NRG's ownership in NRG Yield and NRG's Renewables Platform for cash proceeds of $1.375 billion, subject to certain adjustments.
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February 1, 2018
PUC Says Limiting Customer Choice, "Frustrate[s] The Purpose Of The Competition Act" Taking Away Customer's Ability To Choose, "Inherently Anticompetitive," PUC Says
In a written order denying a petition from NRG Energy to implement electricity supplier consolidated billing in Pennsylvania, the PUC made several observations regarding the purpose of the state's Competition Act and electric choice in general, which are of note given other proceedings before the…
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February 1, 2018
Proposal To Allow Suppliers To Block Customer Switches May "Trap" Customers, Harm Retail Market -- "Inherently Anti-competitive", PUC Says PUC Denies Retail Supplier's Ability To Order Disconnection Of Customers As Proposed In Petition
PUC Concerned With "Confusing", "Unwieldy", Process For Suppliers To Handle Disconnection Orders
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January 18, 2018
Initiates Study, En Banc Hearing on SCB, Other Alternatives
The story below was first published on EnergyChoiceMatters.com at 1:55 p.m. on January 18
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January 8, 2018
NRG Energy disclosed that, effective January 1, 2018, Christopher Moser was named Executive Vice President, Operations of NRG Energy, Inc.
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December 23, 2017
The Maryland PSC has scheduled for February 20, 2018 a legislative-style hearing on a petition from several retail suppliers to implement supplier consolidated billing
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November 28, 2017
A proposed Pennsylvania bill, House Bill 1782, concerning alternative ratemaking methodologies would grant the PUC with the authority to allow electric and natural gas utilities to recover the costs of distributed energy resources, which are defined broadly to include several new or innovative…
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November 2, 2017
NRG Says 100% Sale Of Renewables Business On Track (No Longer Expects To Retain Ownership Stake)
In reporting earnings this morning, NRG Energy reported financial impacts on its Retail unit from Hurricane Harvey
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September 20, 2017
The Maryland PSC is seeking comments on a petition from NRG Energy, Inc., Interstate Gas Supply, Inc., Just Energy Group, Inc., Direct Energy Services, LLC, and ENGIE Resources LLC to institute supplier consolidated billing for electricity and natural gas
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September 8, 2017
Propose Qualifications For Suppliers To Offer SCB, Including Threshold Level Of Experience in Terms Of Years, Number of Customers Served
A group of retail suppliers have petitioned the Maryland PSC to issue an order that mandates: (1) the implementation of Supplier Consolidated Billing (SCB) as a billing option available to customers of competitive licensed retail electricity and natural gas suppliers by June 30, 2019 at the latest…
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August 21, 2017
Staff of the Public Utility Commission of Texas have filed recommended fees to be allocated to retail electric providers and other companies to cover the cost of broadcasting PUCT meetings online for FY 2018.
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August 7, 2017
Vistra Reiterates View On M&A, Not "Compelled" To Seek Assets Outside Of ERCOT
During an earnings call on Friday, executives at Vistra Energy, the parent of TXU and Luminant, discussed retail margins and customer segmentation
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August 3, 2017
NRG Energy reported that its Retail unit saw mass market customer growth during the quarter ending June 30, 2017 (second quarter)
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July 18, 2017
Berkshire Hathaway Energy (BHE), Oncor, and several retail electric providers and REP groups have signed an agreement setting forth three new regulatory commitments, related to the retail electric market, proposed by Berkshire Hathaway Energy in its proposed acquisition of Oncor
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July 12, 2017
Includes Retail "Margin Enhancement" Plan Plan Includes Divesting 6 GW Of Conventional Generation, 50-100% of NRG's Interest in NRG Yield and Renewables Platform NRG Targeting $2.5-$4.0 Billion of Asset Sale Net Cash Proceeds
Asked About Potential NRG Texas Retirements, CEO Says "Very Comfortable" With Current Retail-Generation Balance in ERCOT
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May 19, 2017
Texas PUC's Anderson: Marginal Losses A "No Brainer" Anderson: Doesn't Plan To Take Up Transmission Cost Allocation
The Public Utility Commission of Texas will open a project to consider recommendations for improvements in the ERCOT energy-only market design, prompted by a paper filed by Calpine and NRG Energy
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May 3, 2017
During an earnings call yesterday, NRG President and Chief Executive Officer Mauricio Gutierrez said that the company continues to see opportunities to add to its retail business in the East, subject to the "limitations" of the eastern retail market
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May 2, 2017
NRG Energy reported that its Retail unit saw mass market customer growth during the quarter ending March 31, 2017 (first quarter), but earnings were weighed by lower margins
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April 20, 2017
As part of a Pennsylvania PUC rulemaking addressing utility billing, payment, and termination rules, NRG Energy has made specific recommendations regarding eligibility requirements for electric suppliers to engage in supplier consolidated billing, as NRG urged the PUC to formally adopt rules…
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April 19, 2017
Cirro Energy has begun offering on PA Power Switch electricity service to residential customers in Pennsylvania
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April 12, 2017
NRG Energy, through Reliant Energy Northeast LLC d/b/a NRG Home, is acquiring the residential customers of Entrust Energy East in New York, New Jersey, Illinois, Ohio, and Pennsylvania.
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February 28, 2017
ERCOT announced in a market notice that it has terminated the Reliability Must-Run (RMR) agreement with NRG Energy's Greens Bayou Unit 5
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February 28, 2017
NRG Energy reported retail growth year-over-year in terms of customer count and Adjusted EBITDA in announcing 2016 earnings
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February 13, 2017
John Wilder and Barry Smitherman to Join NRG Board
NRG Energy, Inc. today announced that it has entered into cooperation agreements with affiliates of each of Elliott Management Corporation and Bluescape Energy Partners LLC.
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