NRG

NRG Energy specializes in providing power generation and retail electricity services to medium and large businesses. Read more

5,942 Followers on Owler
5,942 Followers on Owler
5,942 Followers on Owler
5,942 Followers on Owler

NRG

NRG Energy specializes in providing power generation and retail electricity services to medium and large businesses. Read more

Mauricio Gutierrez's photo - President & CEO of NRG

President & CEO

Mauricio Gutierrez

CEO Approval Rating

79/100

Founded:

1989

Status:

PublicIndependent CompanyNYSENRG

NRG TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

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FUNDING

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NextEra Energy is one of NRG's top competitors. NextEra Energy was founded in 1925, and its headquarters is in Juno Beach, Florida. Like NRG, NextEra Energy also works within the Renewable Energy Equipment & Services sector. NextEra Energy has 8,138 more employees than NRG.

Duke Energy is NRG's #2 rival. Duke Energy was founded in 1904 in Charlotte, North Carolina. Duke Energy competes in the Electric, Water & Gas Utilities field. Duke Energy generates $14.8B more revenue than NRG.

AEP is a top competitor of NRG. AEP is a Public company that was founded in Columbus, Ohio in 1906. AEP is in the Multi-Utilities industry. AEP has 11,925 more employees vs. NRG.

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NRG Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$9.1B

NRG's revenue is the ranked 10th among it's top 10 competitors. The top 10 competitors average 13.1B. Over the last four quarters, NRG's revenue has grown by 261.5%. Specifically, in Q1 2021's revenue was $8.1B; in Q4 2020, it was $2B; in Q3 2020, it was $2.8B; in Q2 2020, NRG's revenue was $2.2B.

NRG Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Direct Energy, LP

Jul 2020

Source »
$3.6B
Direct Energy is a utility company that provides electric power and natural gas distribution services to commercial and residential sectors.

-

Retail Electricity and Natural Gas Business, Stream Energy

May 2019

Source »
$300M
-
XOOM Energy, LLC

Mar 2018

Source »
$210M
XOOM Energy offers natural gas and electricity services to commercial and residential customers.
Pure Energies ,Inc.

Oct 2014

Source »
undisclosed
Pure Energies is a provider of solar power energy systems in Canada.
Goal Zero, LLC

Aug 2014

Source »
undisclosed
Goal Zero, develops portable solar power systems.

These are all the companies that NRG has acquired. NRG has acquired 14 companies and its latest acquisition was Direct Energy, LP in Jul 2020. Direct Energy is a utility company that provides electric power and natural gas distribution services to commercial and residential sectors.

NRG Funding History

Since NRG was founded in 1989, it has participated in 1 round of funding. In total NRG has raised $422.6M. NRG's funding round was on May 2000 for a total of $422.6M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
May 2000
$422.6M

Since NRG was founded in 1989, it has participated in 1 round of funding. In total NRG has raised $422.6M. NRG's funding round was on May 2000 for a total of $422.6M

NRG Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

ENTOUCH provides SaaS-based energy management solutions for retail, hospitality and healthcare sectors.
$1M
Aug 11, 2015
Series C
-
Eos is a New Jersey-based company that designs and develops grid-scale energy storage systems for transportation and renewable energy sectors.
$23M
May 18, 2015
Series C
-
Ingenu builds and designs wireless machine network for connecting Internet of Things and machine to machine devices.
$15M
Jul 16, 2013
Series C
-
Ingenu builds and designs wireless machine network for connecting Internet of Things and machine to machine devices.
$38.7M
Jun 10, 2012
Series C
-

These are all the companies that NRG has invested in. NRG has invested 14 companies and its latest investment was Direct Energy, LP in Jul 2020. Direct Energy is a utility company that provides electric power and natural gas distribution services to commercial and residential sectors.

NRG News

March 24, 2021Zephyr Net

NRG signs tex to VALORANT squad

NRG added Ian "tex" Botsch, formerly of Equinox Esports, to its VALORANT roster today. NRG also recen... See more »
March 18, 2021MarketScreener

2020 Public Policy Engagement & Corporate Political Contributions

(marketscreener.com) Responsibility: Jessica Oney, Senior Director-Government Affairs Owner: Jessica ... See more »
March 18, 2021The Business Journals: Philadelphia

NRG Energy expects to lose $750M on winter storm, scraps original 2021 expectations

While the numbers are still preliminary, the company has abandoned its original expectations for the ... See more »
March 17, 2021myMotherLode

CrowdStrike, Coherent rise; NRG Energy, Uber fall

Stocks that traded heavily or had substantial price changes Wednesday: CrowdStrike, Coherent rise; NR... See more »
March 17, 2021FinanzNachrichten

NRG Energy Withdraws FY21 Outlook

WASHINGTON (dpa-AFX) - Power generation company NRG Energy, Inc. (NRG) on Wednesday said that it is w... See more »
March 17, 2021Business Insider

NRG Energy plummets 17% after Texas snowstorm wreaks havoc on its financials

NRG expects a $750 million loss related to the storm and withdrew its 2021 guidance as it sees remain... See more »
March 7, 2021News Break

NRG Sells 4,850 MW of Natural Gas, Oil Generation, Eyes Root Cause of Texas Freeze | News Break

Princeton, NJ-based NRG Energy Inc. said it has sold 4,850 MW of natural gas and oil power plant gene... See more »

NRG Blogs

January 12, 2018NRG Blog

Bringing the Energy Landscape to Corporate Buyers

Several weeks ago, I was honored to join my NRG Business Solutions colleague, Tyler Johnston, as a sp... See more »
January 4, 2018NRG Blog

New Jersey Nuclear Subsidy is an Unnecessary Corporate Handout

NRG Energy has been proud to call New Jersey home since 2004. We built a brand-new headquarters build... See more »
December 20, 2017NRG Blog

NRG CEO Mauricio Gutierrez Testimony on S-3560, An Act Concerning Nuclear Energy

Testimony of Mauricio Gutierrez, President & CEO, NRG Energy, Inc.Legislative Hearing on S-3560 An Ac... See more »
December 11, 2017NRG Blog

NRG Makes the "A-list" for Water Stewardship

NRG has joined the ranks of the CDP Water A-list, announced October 25, affirming our measurable corp... See more »
December 5, 2017NRG Blog

Time is now for electric market reforms to benefit Pa. consumers

This piece originally appeared in the Delaware County Daily Times on November 21, 2017 By Mauricio Gu... See more »
November 10, 2017NRG Blog

The Texas Renewable Energy Landscape: From Aspiration to Execution

Georgetown, Texas, is perhaps best known for its antiques and retirees. So what led former Vice Presi... See more »
October 11, 2017NRG Blog

Clean Power is Already the Plan

What would a repeal of the Clean Power Plan (CPP) actually mean? The announcement that the EPA is see... See more »

NRG Press Releases

October 5, 2020Business Wire

NRG Energy Announces Appointment of New Independent Director

PRINCETON, N.J.--(BUSINESS WIRE)--NRG Energy (NYSE: NRG) today announced the appointment of a new Ind... See more »
September 11, 2020CSRwire

Collaboration

Rhonda R., Senior Telecommunications Engineer, IT, is passionate about collaborating with her colleag... See more »
September 4, 2020CSRwire

July Edition

Originally published by NRGThis month's NRG Snapshot spotlights news from across the company. Coverin... See more »
August 28, 2020CSRwire

NRG Women Making History

As we embark on a new decade, we would like to take this opportunity to recognize women whose efforts... See more »
August 11, 2020Oil and Gas Press

NRG to Acquire Direct Energy

NRG Energy Inc. (NYSE: NRG) announced it has entered into a definitive agreement with Centrica PLC un... See more »
July 13, 2020CSRwire

NRG Energy Supports Houston Area Urban League Toward Combatting Racial Inequities, Injustice and Related Violence

Originally published by NRGOn June 30th, the Houston Area Urban League (HAUL) announced that it will ... See more »
May 7, 2020CSRwire

NRG Energy Provides Progress on Net-Zero Goal in 2019 Sustainability Report

NRG Energy Inc. (NYSE:NRG) today released its 2019 Sustainability Report, providing an update on the ... See more »

NRG Videos

Social Media

NRG Headquarters

804 Carnegie Center

Princeton, New Jersey08540

731-537-3000

Driving Directions »

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NRG Summary

ABOUT

Overview

NRG Energy specializes in providing power generation and retail electricity services to medium and large businesses. NRG was founded in 1989. NRG's headquarters is located in Princeton, New Jersey, USA 08540. It has raised 422.6M in 1 round. The lates...

CEO

NRG's President & CEO, Mauricio Gutierrez, currently has an approval rating of 79%. NRG's primary competitors are NextEra Energy, Duke Energy & AEP.

Website

nrg.com

Frequently Asked Questions about NRG

  1. When was NRG founded?

    NRG was founded in 1989
  2. Who is NRG's CEO?

    NRG's CEO is Mauricio Gutierrez
  3. How much revenue does NRG generate?

    NRG generates $9.1B in revenue
  4. How much funding does NRG have?

    NRG has historically raised $422.6M in funding
  5. Where is NRG's headquarters?

    NRG's headquarters is in Princeton New Jersey, USA
  1. How many employees does NRG have?

    NRG has 4,862 employees
  2. What sector does NRG operate in?

    NRG is in Renewable Energy Equipment & Services, Multi-Utilities
  3. Who are NRG's competitors?

    NRG's top competitors are NextEra Energy, Duke Energy, AEP
  4. Who has NRG invested in?

    NRG's has invested in companies such as Entouch Controls, Inc., Eos Energy Enterprises, Ingenu