PRINCETON, N.J.--(BUSINESS WIRE)--Nov. 30, 2007--NRG Energy, Inc.
(NYSE:NRG) received two of the industry's highest honors last night at
the Platts Global Energy Awards ceremony, held in New York City. The
Company was recognized by the judges for vision, environmental
responsibility, overall financial performance and energy
strategy--taking home the "Industry Leadership" and "Energy Company of
the Year" awards.
"We are truly honored to receive these prestigious awards," said
David Crane, President and CEO of NRG Energy, Inc. "It represents a
phenomenal achievement by the men and women of NRG over the past few
The annual Platt's Global Energy Awards are the energy industry's
premier honor. The Energy Company of the Year Award--the highest honor
of the night--is presented at the judges' discretion to the company
that demonstrates "all-around excellence in executing a total energy
strategy." According to Platts, NRG received the award because, "the
judges were very impressed by NRG's breadth of endeavor: its
management excellence, coupled with incisive strategy and an
unparalleled sense of corporate responsibility."
When bestowing the Industry Leadership award on NRG, Platts judges
singled out NRG's filing with the Nuclear Regulatory Commission--the
first in 29 years--for an application to build two new nuclear units
at its South Texas Project as a defining reason. "NRG's commitment to
helping to solve any eventual global warming crisis is streets ahead
of much of the competition: the company has put its money where its
mouth is, planning a transformation of its generating assets to
conform with its vision of a low-cost, low-emissions future."
In accepting this award on behalf of NRG, David Crane noted the
"critical contribution of the South Texas Power Company to the success
of the new nuclear development at STP and also the extraordinary track
record of the American nuclear power industry over the past 25 years."
At http://www.mcgraw-hill.com/releases/platts/20071130.shtml you
may find more information about this year's Platts award winners.
A Fortune 500 company, NRG Energy, Inc. owns and operates a
diverse portfolio of power- generating facilities, primarily in Texas
and the Northeast, South Central and West regions of the United States
and also in Australia, Germany and Brazil. NRG is a member of USCAP, a
diverse group of business and environmental organizations standing
together in calling for mandatory legislation to achieve significant
reductions of greenhouse gas emissions. NRG is also a founding member
of "3C--Combat Climate Change," a global initiative with 42 business
leaders calling on the global business community to take a leadership
role in designing the road map to a low carbon society. More
information on NRG is available at www.nrgenergy.com.
CONTACT: NRG Energy, Inc.
Meredith Moore, 609-524-4522
Lori Neuman, 609-524-4525
Nahla Azmy, 609-524-4526
Kevin Kelly, 609-524-4527
SOURCE: NRG Energy, Inc.