Nrg Energy, Inc · Princeton, NJ United States · (NYSE: NRG)
Company Description
Phone: 609-524-4500
Fax: 609-524-4501
Rankings
- #363 in FORTUNE 500
More Companies in: Princeton, New Jersey
More Companies in These Related Industries: Solar Power Plants
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This link will open in a new window A company so nice they named it twice is doubling its efforts to deliver power. NRG Energy, a leading power producer with an operational generating capacity of more than 24,000 MW, is moving onward and upward. The vast majority of NRG's power plants are in North America, but it also has one in Australia and two in Germany. The company's global portfolio includes 189 generation units at 48 power plants. It also markets natural gas, oil, and other commodities and invests in district heating and cooling and alternative energy projects. Broadening its portfolio, in 2009 NRG Energy moved into the offshore wind power market, acquiring wind power developer Bluewater Wind, which has projects in the US Northeast. To read the full description, subscribe now.
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Key Nrg Energy, Inc Financials
| Company Type | Public - NYSE: NRG Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $6,885.0 |
| 2008 Employees | 3,526 |
Nrg Energy, Inc Executives
37 executives listed for Nrg Energy, Inc's Princeton, NJ location.
| Title | Name & Bio | Contact |
| Chairman | Howard Cosgrove | |
| President, CEO, and Director | David Crane | |
| EVP and COO | John Ragan |
Competition
Competitive Landscape for Nrg Energy, Inc
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Nrg Energy, Inc Competitors
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