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Stock Market & Financial Investment News

News Breaks
November 20, 2012
18:38 EDTNRGNRG Energy unit to continue reducing emissions at Big Cajun II Station
Louisiana Generating, a wholly owned subsidiary of NRG Energy (NRG), will continue emissions reductions at the Big Cajun II Electrical Generating Station while providing affordable power to cooperative customers in Louisiana. After buying Big Cajun II, Louisiana Generating upgraded the burners and fuel that reduced nitrogen oxide (NOx) and sulfur dioxide (SO2) emissions by a third. These additional changes and upgrades announced today will further that progress. Work will be done during regularly scheduled outages and completed by April 2015. To meet EPA's Mercury Air Toxics Standards requirements, Louisiana Generating will convert one of the three units at the plant from coal to natural gas, eliminating virtually all mercury and particulate matter from the unit's emissions. Louisiana Generating will also install activated carbon injection on another unit and upgrade the electrostatic precipitators. MATS goes into effect in April of 2015.
News For NRG From The Last 14 Days
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July 24, 2014
10:56 EDTNRGStocks with call strike movement; NRG BSX
NRG Energy (NRG) January 35 call option implied volatility decreased 2% to 24, NRG Energy Boston Scientific (BSX) January 15 call option implied volatility decreased 2% to 25 according to IVolatility.
July 22, 2014
06:37 EDTNRGNRG Energy and Calpine recommended on seasonal weakness at Barclays
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July 21, 2014
07:05 EDTNRGNRG Energy acquires Spanish Town Estate Solar project
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July 15, 2014
05:57 EDTNRGNRG Energy, JX Nippon Oil form JV
NRG Energy, through its wholly owned subsidiary Petra Nova Holdings, has formed a 50/50 joint venture with JX Nippon Oil & Gas Exploration Corporation, through its wholly owned subsidiary JX Nippon Oil Exploration, to build and operate the Petra Nova Carbon Capture Project. Using proven technology, the Project will be a commercial-scale carbon capture system that captures 90% of the carbon dioxide in the processed flue gas from an existing unit at the WA Parish power plant in Fort Bend County, southwest of Houston. The company has begun construction on the project and when complete, the project is expected to be the world’s largest post-combustion carbon capture facility on an existing coal plant. The overall cost of the Project, including costs already incurred, is anticipated to be approximately $1B. Equity contributions from both NRG and JX Nippon of approximately $300M each. NRG’s contribution will include investments already incurred during development of the Project which will become assets of the joint venture.

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