Energy Industry
Industry: Email Alert RSS FeedNRG Ranked 3rd Largest Competitive Power Company Worldwide.(NRG Energy Inc.)(Brief Article)
Worldwide Energy, October, 2001
NRG Energy, Inc. (NYSE:NRG), Minneapolis, has been ranked by Global Power Report as the "3rd Largest Competitive Power Company" in the world as well as in North America, according to net equity in megawatts (MW). NRG ranked 5th in last year's Report.
"We are proud of our fast growth pace and NRG is on track to reach 50,000 MW of earnings-generating capacity by year-end 2005," said David H. Peterson, NRG chairman and chief executive officer. "NRG is growing the business, expanding cash flow from operations and we plan to continue our strong earnings performance of 25 percent growth per year."
NRG is a global power generation company that extracts value from its multi-pronged strategy of owning generating assets that use diverse fuels at all dispatch...
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