RRI Energy RRI
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New Morningstar Analyst Report - GenOn Energy
… retire from GenOn in 2013. Former RRI CEO Mark Jacobs was GenOn's president ..... December 2010 merger of Mirant and RRI Energy . Our high fair value uncertainty ..... markets. The merger between Mirant and RRI Energy that closed in December 2010 diversified …
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GenOn Energy: The Energy Asset Play Value Investors Have Been Looking For
… and other market services to wholesale electricity customers in the United States. Recently formed by the merger of RRI Energy and Mirant Energy in December of 2010, the stock price has been battered since inception. There have been some recent …
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Option Spotlight: Plug Into the Stability of Utilities
… Atlantic and Northeast regions and also in California. The company was created by the December 2010 merger of Mirant and RRI Energy . We think GenOn Energy offers compelling upside. Its power plants occupy strategic locations in supply constrained …
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A Utility Merger With Upside… Solomon : Just a couple of weeks ago, RRI Energy , an unregulated utility, announced ..... strategy, a bullish option strategy on RRI , and I just wanted to ask you a little ..... First of all, big picture question: RRI and Mirant are both unregulated utilities …
pleasure to be here. Kobayashi-Solomon : Just a couple of weeks ago, RRI Energy , an unregulated utility, announced that they were merging with Mirant, another unregulated utility. At the time, I wrote this option strategy, a bullish option strategy on RRI , and I just wanted to ask you a little bit about that. Barnett : Sure. Kobayashi-Solomon : First of all, big picture question: RRI and Mirant are both unregulated utilities. What's the difference between an unregulated and a regulated utility? Barnett : That's a good place -
GenOn's COO Mark Jacobs Steps Down, Leaving Potential Power Vacuum
… CEO role in 2013. Jacobs, who was president and CEO of RRI Energy prior to the merger with Mirant that created GenOn, has ..... experience within the power industry. Prior to his role at RRI , he was a managing director of Goldman Sachs' GS Natural …
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Our Outlook for Utilities Stocks
… enhances its financial flexibility. GenOn Energy GEN GenOn's creation from the December 2010 merger of Mirant and RRI Energy gives investors a diversified portfolio of power plants and upside from management's projected merger synergies. We …
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GenOn Provides First Guidance as Consolidated Company Above Our 2011 and 2012 Estimates
… strategy seems to be a bit more conservative than that employed by RRI , which left year-ahead sales mostly open and often maintained ..... estimate. Based on the information provided, the legacy Mirant and RRI assets generated higher-than-forecast EBITDA, which affected …
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GenOn Energy Under Review
We are placing GenOn Energy GEN under review as we review the valuation impacts from the closing of the merger between Mirant and RRI Energy on Dec. 3, 2010.
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Little Impact on Generators From New Jersey SB 2381
… Public Service Enterprise Group PEG, Mirant MIR, and RRI Energy RRI . The bill would allow as much as 1,000 megawatts of ..... signs it into law. Mirant has no plants in New Jersey. RRI owns four plants representing 1,130 MW of capacity in …
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Hot Mid-Atlantic Weather Drives Higher Demand, EBITDA at RRI
After reviewing RRI Energy 's RRI financial results for the third quarter and analyzing management ..... reaffirming our fair value estimate. Average market heat rates in RRI 's footprint increased in the quarter, largely driven by higher …