Investments
15Portfolio Exits
10Partners & Customers
10About NRG Energy
NRG Energy, together with its subsidiaries, operates as a wholesale power generation company. The company engages in the ownership, development, construction, and operation of power generation facilities. It also engages in transacting in and trade of fuel and transportation services; the trade of energy, capacity, and related products in the United States and internationally; and the supply of electricity and energy services to retail electricity customers in the Texas market. As of December 31, 2009, the company's power generation assets consisted of approximately 10,660 megawatt (MW) of gas-fired; 7,560 MW of coal-fired; 3,715 MW of oil-fired; 1,175 MW of nuclear; and 365 MW of renewable generating capacity in the United States. In addition, NRG Energy also owns approximately 115 MW of thermal capacity domestically, as well as 1,005 MW of power generation capacity overseas in Australia and Germany.
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Fortune 500 Investor list
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This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Research containing NRG Energy
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CB Insights Intelligence Analysts have mentioned NRG Energy in 1 CB Insights research brief, most recently on Jul 20, 2023.
Latest NRG Energy News
Nov 28, 2023
After targeting Houston-based NRG Energy Inc. earlier this year, activist investor Elliott Investment Management LP is calling for a leadership shakeup and other changes at Houston-based Crown Castle Inc.
NRG Energy Investments
15 Investments
NRG Energy has made 15 investments. Their latest investment was in EnTouch Controls as part of their Series C on August 8, 2015.
NRG Energy Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/17/2015 | Series C | EnTouch Controls | $6M | No | 4 | |
5/19/2015 | Series C | Eos Energy Storage | $23M | No | AltEnergy, and Fisher Brothers | 4 |
11/5/2014 | Series B - II | Eos Energy Storage | $3.94M | No | 2 | |
11/5/2013 | Series B | |||||
10/15/2013 | Series B - II |
Date | 8/17/2015 | 5/19/2015 | 11/5/2014 | 11/5/2013 | 10/15/2013 |
|---|---|---|---|---|---|
Round | Series C | Series C | Series B - II | Series B | Series B - II |
Company | EnTouch Controls | Eos Energy Storage | Eos Energy Storage | ||
Amount | $6M | $23M | $3.94M | ||
New? | No | No | No | ||
Co-Investors | AltEnergy, and Fisher Brothers | ||||
Sources | 4 | 4 | 2 |
NRG Energy Portfolio Exits
10 Portfolio Exits
NRG Energy has 10 portfolio exits. Their latest portfolio exit was NRG Energy - Advisory Services on May 05, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
5/5/2023 | Divestiture | NRG Energy - Advisory Services | 2 | ||
1/4/2022 | Divestiture | NRG Energy - Direct Energy Alberta Home Services Businesses | 1 | ||
11/16/2020 | Reverse Merger | 3 | |||
Date | 5/5/2023 | 1/4/2022 | 11/16/2020 | ||
|---|---|---|---|---|---|
Exit | Divestiture | Divestiture | Reverse Merger | ||
Companies | NRG Energy - Advisory Services | NRG Energy - Direct Energy Alberta Home Services Businesses | |||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 1 | 3 |
NRG Energy Acquisitions
13 Acquisitions
NRG Energy acquired 13 companies. Their latest acquisition was Vivint on March 10, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
3/10/2023 | Private Equity | $1,597.26M | Acq - P2P | 2 | ||
7/24/2020 | Acquired | 12 | ||||
5/20/2019 | Acquired Unit | 1 | ||||
10/2/2014 | Debt | |||||
9/18/2014 | Series B |
Date | 3/10/2023 | 7/24/2020 | 5/20/2019 | 10/2/2014 | 9/18/2014 |
|---|---|---|---|---|---|
Investment Stage | Private Equity | Debt | Series B | ||
Companies | |||||
Valuation | |||||
Total Funding | $1,597.26M | ||||
Note | Acq - P2P | Acquired | Acquired Unit | ||
Sources | 2 | 12 | 1 |
NRG Energy Partners & Customers
10 Partners and customers
NRG Energy has 10 strategic partners and customers. NRG Energy recently partnered with The University of Pittsburgh Medical Center on January 1, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
1/27/2023 | Partner | United States | NRG and UPMC Children’s Hospital Foundation Join Forces for New Choose to Give Energy Plan `` We are thrilled to announce our relationship with NRG Energy as a part of their Choose to Give program , '' said Rachel Petrucelli , UPMC Children 's Hospital Foundation President . | 1 | |
7/6/2022 | Partner | Bulgaria | Leap and NRG Energy Partner on Next-Gen Grid Services Program in Texas Leap 's partnerships with technology companies in the state -- including GridPoint -- help increase grid resiliency and provide real-time flexibility to retailers , which in turn reduces the cost and risk to serve their customers . | 1 | |
7/6/2022 | Partner | United States | Leap And NRG Energy Partner On Next-Gen Grid Services Program In Texas Leap 's partnerships with technology companies in the state -- including GridPoint -- help increase grid resiliency and provide real-time flexibility to retailers , which in turn reduces the cost and risk to serve their customers . | 1 | |
12/2/2021 | Partner | ||||
10/6/2021 | Partner |
Date | 1/27/2023 | 7/6/2022 | 7/6/2022 | 12/2/2021 | 10/6/2021 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | Bulgaria | United States | ||
News Snippet | NRG and UPMC Children’s Hospital Foundation Join Forces for New Choose to Give Energy Plan `` We are thrilled to announce our relationship with NRG Energy as a part of their Choose to Give program , '' said Rachel Petrucelli , UPMC Children 's Hospital Foundation President . | Leap and NRG Energy Partner on Next-Gen Grid Services Program in Texas Leap 's partnerships with technology companies in the state -- including GridPoint -- help increase grid resiliency and provide real-time flexibility to retailers , which in turn reduces the cost and risk to serve their customers . | Leap And NRG Energy Partner On Next-Gen Grid Services Program In Texas Leap 's partnerships with technology companies in the state -- including GridPoint -- help increase grid resiliency and provide real-time flexibility to retailers , which in turn reduces the cost and risk to serve their customers . | ||
Sources | 1 | 1 | 1 |
NRG Energy Team
30 Team Members
NRG Energy has 30 team members, including current Chief Executive Officer, Mauricio Gutierrez.
Name | Work History | Title | Status |
|---|---|---|---|
Mauricio Gutierrez | Chief Executive Officer | Current | |
Name | Mauricio Gutierrez | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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