NRG Energy Completes Acquisition of 250-Megawatt California Valley Solar Power Ranch

NRG Energy, Inc. (NYSE: NRG) has completed its previously announced acquisition of Energy Plus Holdings LLC, adding a unique and compelling sales channel to the Company’s retail portfolio.

“Through Energy Plus, NRG’s retail business now has the exclusive loyalty program partnerships, marketing partnerships and direct marketing expertise that enable us to offer a unique value proposition to potential retail electricity customers,” said David Crane, NRG President and Chief Executive Officer.

Energy Plus currently serves more than 180,000 customers, principally in New York, Connecticut, Pennsylvania, New Jersey, Maryland and Illinois. Energy Plus also sells electricity to retail customers in Texas and natural gas in New York and New Jersey.

Energy Plus has been one of the fastest-growing energy companies in the United States since it was founded in 2007, driven by its successful rewards programs offered through the company’s rapidly growing network of almost 100 industry-leading partners and associations.

NRG Energy, Inc. is a Fortune 500 and S&P 500 Index company that owns and operates one of the country’s largest and most diverse power generation portfolios. Headquartered in Princeton, N.J., the Company’s power plants provide 25,000 megawatts of generation capacity—enough to supply approximately 20 million homes. NRG’s retail businesses serve nearly 1.9 million residential, business, commercial and industrial customers. With major investments in solar energy and wind power, as well as electric vehicles, NRG is working to help America transition to a clean energy economy.