We are honored to be grouped among the most-widely held companies in leading industries across the country
– By Linton Levy –
NRG Energy, Inc.’s (NYSE: NRG) common stock has been added to the Standard and Poor’s 500 Index. The S&P 500, a marketvalue-weighted index, is the world’s most followed stock market measure and is seen as the benchmark standard to measure overall U.S. equity market performance.
“We are honored to be grouped among the most-widely held companies in leading industries across the country,’’ David Crane, President and Chief Executive Officer, said. “Our membership in the world-renowned S&P 500 Index is a testament to all of the great work performed by NRG’s employees and provides added momentum to our commitment to maximize shareholder value.’’
NRG also will be added to the S&P 500 GICS (Global Industry Classification Standard) Independent Power Producers & Energy Traders Sub-Industry index.
NRG Energy, Inc., a Fortune 500 company, owns and operates one of the country’s largest and most diverse power generation portfolios. Headquartered in Princeton, NJ, the Company’s power plants provide more than 24,000 megawatts of generation capacity—enough to supply more than 20 million homes. NRG’s retail business, Reliant Energy, serves more than 1.6 million residential, business, commercial and industrial customers in Texas. A past recipient of the energy industry’s highest honors—Platts Industry Leadership and Energy Company of the Year awards, NRG is a member of the U.S. Climate Action Partnership (USCAP), a group of business and environmental organizations calling for mandatory legislation to reduce greenhouse gas emissions. More information is available at www.nrgenergy.com.