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SEC Filing Details

10-K
NRG ENERGY, INC. filed this Form 10-K on 03/01/2018
Entire Document
 

Capital Expenditures
The following table and descriptions summarize the Company's capital expenditures for maintenance, environmental, and growth investments, for the year ended December 31, 2017, and the estimated capital expenditure and growth investments forecast for 2018

 
Maintenance
 
Environmental
 
Growth Investments
 
Total
 
(In millions)
Generation
 
 
 
 
 
 
 
Gulf Coast
$
95

 
$
1

 
$
4

 
$
100

East/West (a)
22

 
24

 
321

 
367

Retail
29

 

 
52

 
81

Renewables
5

 

 
506

 
511

NRG Yield
27

 

 
4

 
31

Corporate
15

 

 
6

 
21

Total cash capital expenditures for the year ended
December 31, 2017
193

 
25

 
893

 
1,111

  Funding from debt financing, net of fees

 

 
(1,076
)
 
(1,076
)
  Other investments(b)

 

 
267

 
267

Total capital expenditures and investments, net of financings
$
193

 
$
25

 
$
84

 
$
302

 
 
 
 
 
 
 
 
Estimated capital expenditures for 2018 (c)
$
221

 
$
3

 
$
500

 
$
724

  Funding from debt financing, net of fees

 

 
(391
)
 
(391
)
  Other investments(b)

 

 
86

 
86

Estimated capital expenditures for 2018, net of financings
$
221

 
$
3

 
$
195

 
$
419

(a) Includes International
(b) Other investments include restricted cash activity and acquisitions
(c) Maintenance capital expenditures includes approximately $66 million related to announced asset sales

Environmental capital expenditures — For the year ended December 31, 2017, the Company's environmental capital expenditures included the final payments for DSI/ESP upgrades at the Powerton facility and the Joliet gas conversion to satisfy CPS.
Growth Investments capital expenditures — For the year ended December 31, 2017, the Company's growth investment capital expenditures included $414 million for solar projects, $324 million for repowering projects, $93 million for wind projects, and $62 million for the Company's other growth projects.
Environmental Capital Expenditures Estimate
NRG estimates that environmental capital expenditures from 2018 through 2022 required to comply with environmental laws will be approximately $82 million, which includes $14 million for Midwest Generation. These costs are primarily associated with the cost of complying with anticipated CCR requirements and NOx Controls.



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