NRG Energy Inc.

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Nrg Energy Inc Says Withdrawing Prior Financial Guidance Due To Current Uncertainties

Published: 03/17/2021 10:41 GMT
NRG Energy Inc. (NRG) - Nrg Energy, Inc. Financial Update on Winter Storm Uri Impacts.
Nrg Energy Inc - Winter Storm Uri Expected to Have a More Significant Impact on Company's 2021 Results.
Nrg Energy Inc - Withdrawing Prior Financial Guidance Due to Current Uncertainties.
Nrg Energy Inc - Legislative Actions and Resulting Impacts Remain Uncertain.
Nrg Energy Inc - Winter Storm Uri's Financial Impact is Estimated to Be a $750 Million Loss Compared to Prior Guidance Range Provided on March 1, 2021.
Nrg Energy Inc - Impact is Driven by Increased Uplift Charges to Load Received From Ercot.
Nrg Energy Inc - Financial Impact is Driven by Elements Received From Ercot Which Includes Latest System-wide Default of $3.1 Billion.
Nrg Energy Inc - Impact is Driven by Ancillary and Other Estimates Including Results in Other Regions.
Nrg Energy Inc - As of March 15, 2021, Nrg Had $3.3 Billion of Liquidity Available to Continue to Support Its Operations.
Nrg Energy Inc - Company's Debt Reduction Program May Extend Into 2022.
Nrg Energy Inc - During February, Company Maximized Available Generating Capacity & Brought in Additional Resources to Supplement In-state Staff.
Nrg Energy Inc - Unable to Provide Financial Guidance Due to Unprecedented & Unpredictable Market Outcomes Resulting From Winter Storm Uri.
Nrg Energy Inc - Full Financial Impact of Winter Storm Uri Still Remains Uncertain.