NRG Energy Inc. Listed on the New York Stock Exchange

MINNEAPOLIS (March 25, 2004) -- NRG Energy, Inc. will commence trading on the New York Stock Exchange (NYSE) today and is listed under the symbol NRG. To mark the NYSE listing, NRG will ring the opening bell at 9:30 a.m. EST.

“Our listing on the NYSE is an important step in our plan to build investor recognition of NRG and enhance value and convenience for our shareholders,” said David Crane, NRG's President and Chief Executive Officer.

Prior to the NYSE listing, NRG's shares were listed on the OTC Bulletin Board.

NRG Energy, Inc. owns and operates a diverse portfolio of power-generating facilities, primarily in the United States . Its operations include baseload, intermediate, peaking, and cogeneration facilities, thermal energy production and energy resource recovery facilities.

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, the success of the plan to build investor recognition of NRG and to enhance value and convenience for shareholders, and typically can be identified by the use of words such as “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. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, increasing competition in the wholesale power market, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets and related government regulation, the condition of capital markets generally, our ability to borrow additional funds and access capital markets, our substantial indebtedness and the possibility that we may incur additional indebtedness and our ability to generate sufficient cash flow to make interest payments on our indebtedness.

NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of 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 not be construed as exhaustive. For more information regarding risks and uncertainties that may affect NRG's future results, see NRG's filings with the Securities and Exchange Commission at www.sec.gov.

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Contacts:

Investor Inquiries Katy Sullivan, 612.373.8875 Media Inquiries Lesa Bader, 612.373.6992