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NRG Energy Inc T.NRG


Primary Symbol: NRG

Utilities Utilities - Diversified
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

NRG Energy Inc > Arb guys
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Comment by freeagenton May 12, 2015 10:51am
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Post# 23718962

RE:RE:RE:RE:Arb guys

RE:RE:RE:RE:Arb guys I just called in and tendered even although I am losing $2/share. I really liked the concept, but once they cut back to their core business of waste disposal, I guess the value dropped. I also suspect that they needed capital for financing. The other guys that bailed them out are the ones making money on this deal. Directors probably had no option. Damn Russians! 
Ervington, owned by Russian billionaire Roman Abramovich, injected $11m into the firm at the end of 2012, when shares were valued at only C$0.325.
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