shareholder
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Business
NRG Energy Replaces CEO in Activist Investor–Influenced Shuffle
NRG Energy has appointed the chair of its board of directors, Dr. Lawrence Coben, as its interim president and CEO and appointed four new independent directors to its board, signaling a major leadership reshuffle partly influenced by activist investor firm Elliott Investment Management. The Houston-headquartered energy giant on Nov. 20 said Mauricio Gutierrez, NRG’s long-time and […]
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Nuclear
NRG Energy to Sell Texas Nuclear Plant Stake to Constellation in $1.75B Power Move
Constellation Energy, the largest nuclear generator in the U.S., will take over NRG Energy’s 44% ownership stake in the 2.6-GW South Texas Project Electric Generating Station (STP), a nuclear power plant located in Bay City, Texas. Under a definitive agreement announced by two companies on June 1, Constellation will acquire NRG’s 44% equity interest in […]