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NRG Energy and Texas Genco Announce Early Termination of Hart-Scott-Rodino Waiting Period

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NRG Energy and Texas Genco Announce Early Termination of Hart-Scott-Rodino Waiting Period

November 11, 2005 at 4:37 PM EST

PRINCETON, N.J. & HOUSTON--(BUSINESS WIRE)--Nov. 11, 2005--NRG Energy Inc. (NYSE:NRG) and Texas Genco LLC today announced that on November 10, 2005, the Federal Trade Commission granted early termination of the antitrust waiting period under the Hart-Scott-Rodino Act for the proposed acquisition by NRG of Texas Genco LLC.

Both companies continue to expect that this transaction will close during the first quarter of 2006. The transaction remains subject to customary closing conditions and regulatory approvals, including approval from the Nuclear Regulatory Commission and the Federal Energy Regulatory Commission.

NRG Energy, Inc. owns and operates a diverse portfolio of more than 15,000 MW of power-generating facilities, primarily located in the Northeast, South Central and Western regions of the United States. Its operations include baseload, intermediate, peaking, and cogeneration facilities, thermal energy production and energy resource recovery facilities. NRG also has ownership interests in generating facilities in Australia and Germany.

Texas Genco is one of the largest wholesale electric power generating companies in the United States, providing safe, reliable and competitively priced electricity. The company seeks to lead the nation in operational excellence for independent power producers. Texas Genco owns approximately 11,000 MW of net operating generation capacity. The company sells power and related services in Texas' largest power market, ERCOT.

Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include, but are not limited to statements regarding the expected timing of the closing of the acquisition, and can be identified by the use of words such as "will," "would," "expect," "estimate," "anticipate," "forecast," "plan," "believe," and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially.

NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Factors that could cause NRG's actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG's future results included in NRG's filings with the Securities and Exchange Commission at www.sec.gov.


CONTACT: NRG Energy, Inc.
Investor Relations:
Nahla Azmy, 609-524-4526
Katy Sullivan, 609-524-4527
or
Media Relations:
Meredith Moore, 609-524-4522
Jay Mandel, 609-524-4525
or
Texas Genco
Investor Relations:
Neil Yekell, 713-795-6084
or
Media Relations:
Joe Householder, 713-301-0733

SOURCE: NRG Energy, Inc.