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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]
In June 2009, NRG Energy purchased Reliant Energy's retail electricity business. At the time, Reliant had 1.8 million customers and was the second largest electric provider in Texas. [5] The name Reliant Energy was retained and the surviving wholesale business was renamed RRI Energy, which was retired in 2012 after additional NRG acquisitions.
In September 2000, the company moved its headquarters to Austin, Texas. In January 2002, Green Mountain began serving the Texas market and was the first to offer alternative energy in the state. [3] In August 2009 Green Mountain Energy expanded to New York City, serving those in the Con Edison service territory. [4]
Before the dissolution of the company, its headquarters were shared with Houston Industries in the Houston Industries Plaza, now the CenterPoint Energy Plaza in Downtown Houston. [7] The Bob Lanier Public Works Building in Downtown Houston, formerly the Electric Building, [8] was previously the HL&P office building. In 1999 the City of Houston ...
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]
Dynegy Inc. is an electric company based in Houston, Texas. It owns and operates a number of power stations in the U.S., all of which are powered by fossil fuels. [5] Dynegy was acquired by Vistra Corp on April 9, 2018. The company is located at 601 Travis Street in Downtown Houston. [6] The company was founded in 1984 as Natural Gas ...
The same month, EVgo acquired Recargo, the California company which develops the PlugShare electric vehicle charging station locator application, for US$25 million. [ 10 ] [ 11 ] [ 12 ] In June 2022, the company announced a partnership with General Motors (GM) to expand compatibility and access for GM vehicles. [ 13 ]
In November 2015, the company acquired Israeli startup Panoramic Power, a manufacturer of circuit level wireless sensors that collect energy information, for $60M. [13] In July 2020, NRG Energy and Centrica entered an agreement under which NRG would acquire Direct Energy for $3.625 billion in an all-cash transaction. [14]