NRG Energy

Fund managers line up for high-yielding energy company subsidiaries

The hunt for dividend yield is pushing U.S. fund managers into an unproven new offshoot of the alternative energy industry. Yield companies - commonly called "yieldcos" - are spinoffs of alternative energy companies that own assets such as wind or solar farms and pay investors dividends out of the cash flow generated by long-term contracts to sell power to utility companies.

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World's biggest solar thermal power plant opens in the Mojave Desert

Ivanpah Solar Electric Generating System, the biggest solar thermal power plant in the world, opened in the Mojave Desert on Thursday with the help of the technology provided by BrightSource Energy and the $1.6 billion loan guarantee from the Department of Energy.

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NRG Energy acquires assets from Edison Mission

An agreement was signed between NRG Energy and Edison Mission for assets worth USD2.64 billion.

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NRG Energy Announces the Initial Public Offering of NRG Yield

NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.

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