NRG ENERGY, INC. (NYSE:NRG) Files An 8-K Other Events
Item 8.01 Other Events.
continues to be, engaged in discussions regarding a potential
restructuring of GenOn Energy, Inc. and certain of its
subsidiaries (together, GenOn) with advisors to an ad hoc group
of holders (the Noteholders) of the GenOn Energy, Inc. 7.875%
Senior Notes due 2017, 9.500% Notes due 2018, and 9.875% Notes
due 2020, and the GenOn Americas Generation, LLC 8.50% Senior
Notes due 2021 and 9.125% Senior Notes due 2031 (collectively,
the GenOn Notes).
deadline to file certain claims may be approaching. Consequently,
today, certain indenture trustees for the GenOn Notes, along with
certain of the Noteholders, filed a complaint in the Superior
Court of the State of Delaware against NRG and GenOn alleging
certain claims related to a services agreement between NRG and
GenOn, attached hereto as Exhibit 99.1 and incorporated by
reference. As part of the ongoing discussions with the
Noteholders, NRG understands that the Noteholders have asserted
the claims as a measure to preserve them during pending
negotiations with NRG.
vigorously defend the suit in the event that the current
discussions between NRG and the Noteholders prove unsuccessful.
While discussions between NRG and the Noteholders are ongoing,
there can be no assurances they will be successful or will
resolve the Noteholders claims.
in this communication includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Exchange Act. These statements involve
estimates, expectations, projections, goals, assumptions, known
and unknown risks and uncertainties and can typically be
identified by terminology such as may, should, could, objective,
projection, forecast, goal, guidance, outlook, expect, intend,
seek, plan, think, anticipate, estimate, predict, target,
potential or continue, or the negative of these terms or other
comparable terminology. Such forward-looking statements include,
but are not limited to, statements about the restructuring
discussions with the Noteholders, the possible effects of the
discussions even if successful, and the lawsuit.
forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law. Any forward-looking statements included in this press
release should be considered in connection with information
regarding risks and uncertainties that may affect NRGs future
results included in NRGs filings with the Securities and Exchange
Commission at www.sec.gov.
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(d)
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Exhibits
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Exhibit
Number
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Document
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99.1
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Services Agreement between NRG Energy, Inc. and GenOn
Energy, Inc., dated December 20, 2012. |
About NRG ENERGY, INC. (NYSE:NRG)
NRG Energy, Inc. (NRG) is an integrated power company that produces, sells and delivers energy, and energy products and services in various power markets in the United States. The Company’s segments include NRG Business, which includes power generation, the carbon capture business and energy services; NRG Home, which includes NRG Home Retail, which consists of residential retail services and products, and NRG Home Solar, which includes the installation and leasing of residential solar services; NRG Renew, which includes solar and wind assets, excluding those in the NRG Yield and NRG Home Solar segments; NRG Yield, and corporate activities. NRG Yield includes certain of the Company’s contracted generation assets. Its corporate segment includes Boston Energy Trading and Marketing LLC (BETM), international business and electric vehicle services. It owns and operates approximately 50,000 megawatts of generation, and engages in the trading of wholesale energy, capacity and related products. NRG ENERGY, INC. (NYSE:NRG) Recent Trading Information
NRG ENERGY, INC. (NYSE:NRG) closed its last trading session down -0.28 at 12.51 with 7,563,228 shares trading hands.