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NRG Energy Inc T.NRG


Primary Symbol: NRG

NRG Energy, Inc. is an energy and home services company. The Company’s businesses are the sale of electricity and natural gas to residential, commercial and industrial and wholesale customers, supported by its wholesale electric generation, as well as the sale of smart home products and services. Across the United States and Canada, the Company delivers sustainable solutions, predominately under the brand names such as NRG, Reliant, Direct Energy, Green Mountain Energy and Vivint. The Company's segments include Texas, East, West/Services/Other, Vivint Smart Home and Corporate activities. It sells a variety of products to residential and small commercial customers, including retail electricity and energy management, natural gas, carbon offsets, back-up power stations, portable power, portable solar and portable lighting. The Company owns and leases a diversified wholesale generation portfolio with approximately 13 gigawatts of fossil fuel and renewable generation capacity at 19 plants.


NYSE:NRG - Post by User

Post by TheSlowLaneon Jun 29, 2012 5:54am
304 Views
Post# 20067335

$2mm raise

$2mm raise

Alter NRG Corp.: News Release

CALGARY, ALBERTA--(Marketwire - June 28, 2012) -


Alter NRG Corp. (TSX:NRG) (OTCQX:ANRGF) ("Alter NRG" or the "Corporation") announced today that it has undertaken a marketed offering of approximately 7,500,000 common shares of the Corporation ("Common Shares") (the "Offering") at a price per share of
.29, for total proceeds of approximately $2,175,000. The Offering is being led by Fraser Mackenzie Limited. The Offering is to be effected in each of the provinces of Canada, except Québec, by way of a prospectus supplement to Alter NRG's base shelf prospectus dated June 28, 2011. Prior to the Offering, Alter NRG has 62,165,533 common shares issued and outstanding.

This transaction is scheduled to close on or about July 10, 2012, subject to satisfaction of customary closing conditions, including the receipt of all necessary regulatory approvals, including the approval of the Toronto Stock Exchange.

ABOUT ALTER NRG

Alter NRG provides alternative energy solutions to meet the growing demand for environmentally responsible and economically viable energy in world markets. Alter NRG's primary objective is to further commercialize the Westinghouse Plasma Gasification Technology, through its wholly owned subsidiary, to provide renewable and clean energy solutions from a wide variety of feedstocks, and the syngas created can provide a wide variety of energy outputs - including liquid fuels like ethanol and diesel, electrical power, heat, steam, or replacing fuel oil.

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