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NRG Energy, Inc. Declares Preferred Stock Dividend on 4% Convertible Perpetual Preferred Stock and 5.75% Mandatory Convertible Preferred Stock
PRINCETON, N.J., Feb 23, 2006 (BUSINESS WIRE) -- NRG Energy, Inc. (NYSE:NRG) today announced a $10 per share cash dividend on its 4% Convertible Perpetual Preferred Stock issued in December 2004. The dividend is payable on March 15, 2006 to shareholders of record as of March 1, 2006.
NRG also announced a $1.717 per share cash dividend on its 5.75% Mandatory Convertible Preferred Stock issued on February 2, 2006. The dividend is payable on March 15, 2006 to shareholders of record as of March 1, 2006.
With the recent acquisition of Texas Genco LLC, now known as NRG Texas LLC, NRG Energy, Inc. now owns and operates a diverse portfolio of power-generating facilities, primarily in Texas and 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.
SOURCE: NRG Energy, Inc.
NRG Energy, Inc. Investor Relations: Nahla Azmy, 609-524-4526 or Katy Sullivan, 609-524-4527 or Media Relations: Meredith Moore, 609-524-4522