large part to the tax benefits of an MLP. CEO David McClanahan served in various managerial positions at predecessor Reliant Energy before becoming CEO of CenterPoint in 2002. McClanahan and his handpicked management team have helped CenterPoint
accretive. It spurned a $5.7 billion all-stock takeover bid from Exelon in mid-2008. It bought retail supplier Reliant Energy in 2009 for $287.5 million in the depths of the financial crisis. It began what ultimately could be a $6 billion
million is very similar to the ones PSEG is selling. For NRG, these assets are in its core region, would support its Reliant Energy retail operations and would reduce its fleet's greenhouse gas emissions, which is a key management strategy. However
the second year in a row that RRI did not turn an operating profit ..... improved generating margins. Reliant Energyhttp://www. reliant .com/PublicLinkAction.do ..... extremely volatile business. RRI always faces the risk of consistently
Schneider expects them to pop in 2010 as supply contracts. That means stocks like Forest Oil Corporation FST and Reliant Energy RRI , which haven't participated in the recent rally, could have big gains ahead. Of course, there's also the
gain in the first half of 2009 from a $693 million loss in the first half of 2008. Warm weather in NRG's core Texas market during 2009 also is boosting generation output and results at the newly acquired Reliant Energy retail operations.
As expected, Reliant Energy RRI announced the completion ..... million in net proceeds for RRI , which plans to use $240 ..... return about $65 million to RRI Energy for net working-capital ..... generation can be used to serve Reliant customers, NRG could realize
We are placing Reliant Energy RRI under review while we reconsider our assumptions following the sale of its Texas retail marketing business to NRG Energy NRG.
that it plans to acquire all of Reliant 's RRI Texas-based retail energy marketing ..... and amortization (EBITDA) for Reliant could be approximately $175 million ..... should help mitigate risk and improve Reliant 's returns on capital in the near
Reliant Energy RRI announced Friday that it is pursuing ..... million convertible preferred investment. Reliant is also in talks with Goldman Sachs GS ..... exposure that Goldman is requiring. Reliant also said it will unwind its commercial