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NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. [2] [3] It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. [4]
Later in 2006, Texas Genco was sold to NRG Energy of Princeton, N.J. On April 23, 2018, CenterPoint Energy and Vectren Corporation announced they had entered into a definitive merger agreement, with CenterPoint being the emerging head company. [8] On February 1, 2019, the merger was completed and Vectren was delisted from the NYSE. [9]
Headquartered in Houston, Texas, Reliant Energy, a subsidiary of NRG Energy, is one of the largest Texas electricity providers serving over 1.5 million Texans. [2] Reliant provides over 23 million megawatts of power annually [clarification needed] to residential and business customers. [3] Reliant Energy was founded in 2000. [4]
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Fortune 500 companies based in Houston [1] Rank Company name 7: ExxonMobil: 15 Chevron 26: ... NRG Energy: 342: CenterPoint Energy: 364: Targa Resources: 388 ...
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Houston Lighting & Power Co. (HL&P), later named Reliant Energy HL&P/Entex, was the single power and utility company that served Greater Houston of the U.S. state of Texas. It was a subsidiary of Houston Industries (HI, NYSE : HOU), [ 1 ] which later was renamed to Reliant Energy (REI).
With a total installed capacity of 3,653 MW, it is the second largest conventional power station in the US, and supplies about fifteen percent of the energy in the Houston area. [2] [3] NRG Energy owns and operates the plant. [1] The Powder River Basin supplies three 115-car trainloads worth of low-sulfur coal to units 5-8 or 36,000 tons daily ...