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NRG Energy Completes Review of Gas Trading Activities
MINNEAPOLIS, June 5, 2002 (BUSINESS WIRE) -- In response to the May 22, 2002 order from the Federal Energy Regulatory Commission (FERC), NRG Energy, Inc. today confirmed that it did not engage in activities referred to as "wash," "round trip," or "sell/buyback" trades. The announcement came following NRG's review of its gas trading activities in Western Systems Coordinating Council and/or Texas during 2000 and 2001.
NRG is a leading global energy company engaged primarily in the development, construction, acquisition, ownership and operation of power generation facilities. The company's operations utilize such diverse fuel sources as natural gas, oil, coal and coal seam methane, biomass, landfill gas, and hydro, as well as refuse-derived fuel.
NRG Media Relations
Lesa Bader
612.373.6992