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NRG Energy, Inc., (NYSE: NRG) is wholesale power generation company primarily engaged in the ownership and operation of power generation facilities and the sale of energy, capacity and related products in the U.S. and internationally. The company has a diverse portfolio of electric generation facilities in terms of geography, fuel type and dispatch levels.
NRG is an unusual power company in that it has called upon the industry to reduce its carbon footprint with the next generation of power generation. NRG joined 14 global business leaders to support “Combating Climate Change,” or "3C," an initiative calling for the global business community to take a leadership role in reducing carbon emissions and addressing global warming.
Participation in 3C is not NRG’s first environmentally focused effort. In June 2006, the Company announced a comprehensive “Repowering NRG” initiative designed to further diversify its fuel mix and reduce reliance on higher-priced, imported fuels through solid fuel repowerings and renewable (wind) energy.
With Padoma Wind Energy, LLC, NRG is in an ideal position to meet growing demand for clean, renewable energy sources. While wind doesn’t blow all the time, harnessing its power when it does makes sense for the future of power generation, the environment and the world.
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