HOUSTON--(BUSINESS WIRE)--NRG Energy Services, through its Homer City Services company, has taken over all operating and maintenance responsibilities at the three unit, 1,884 megawatt (MW) Homer City Generating Station under a long-term operating agreement with the plant’s owner. NRG Energy Services is a wholly owned subsidiary of NRG Energy, Inc. (NYSE: NRG).
“As an O&M service provider, NRG Energy Services focuses on bringing an operation model that drives improvements in plant reliability and availability”
“With NRG’s extensive experience owning, operating and maintaining power plants including fossil fuel, nuclear and renewable facilities, we understand what it takes to run a plant smoothly, safely and efficiently,” said Don Poe, President of NRG Energy Services. “By leveraging our operational experience and capabilities, we are able to deliver valuable services to the Homer City plant and clearly demonstrate NRG Energy Services’ commitment to quality, successful third-party operations.”
NRG Energy Services was formed to deliver a uniquely capable service to companies that want to match their plants with the expertise of a premiere operating company. Energy Services bring skills and experience acquired as part of the team operating and supporting the largest competitive power generator in the United States with approximately 47,000 MW of generation.
“As an O&M service provider, NRG Energy Services focuses on bringing an operation model that drives improvements in plant reliability and availability,” added Poe. “We deliver custom-tailored O&M solutions that address asset optimization for today’s market conditions.”
In addition to providing exemplary operating and management services, NRG Energy Services offers maintenance services that provide major maintenance to solar, wind, coal, gas and nuclear operations as well as state-of-the-art in-house repair shops located in Texas, Louisiana, Maryland and Pennsylvania with specialized equipment to restore plant equipment back online safely and efficiently.
NRG Energy Services took over operation of the western Pennsylvania Homer City Generating Station – owned by an affiliate of GE Energy Financial Services and a minority investor – from its previous operator, an affiliate of Edison Mission Energy.
About NRG Energy Services and NRG Energy
NRG Energy Services LLC delivers custom-tailored O&M solutions to help plant owners of simple cycle, combined cycle, steam turbine, and combined heat and power facilities as well as wind, solar PV and solar thermal projects achieve exceptional operational performance and system reliability. NRG Energy Services is a wholly owned subsidiary of NRG Energy, a Fortune 500 company at the forefront of changing how people think about and use energy. NRG delivers cleaner and smarter energy choices for our customers, backed by the nation’s largest independent power generation portfolio of fossil fuel, nuclear, solar and wind facilities. A Fortune 300 company, NRG is challenging the U.S. energy industry by becoming the largest developer of solar power, building the first privately-funded electric vehicle charging infrastructure, and providing customers with the most advanced smart energy solutions to better manage their energy use. In addition to 47,000 megawatts of generation capacity, enough to supply nearly 40 million homes, our retail electricity providers – Reliant, Green Mountain Energy and Energy Plus – serve more than two million customers. More information is available at www.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy. More information about the NRG Energy Services is available at http://www.nrgenergy.com/energyservices.
Safe Harbor Disclosure
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 NRG’s expectations regarding the services provided by NRG Energy Services. Forward-looking statements typically can be identified by the use of words such as “will,” “expect,” “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, weather conditions, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, unanticipated outages at our generation facilities, and the inability to implement value enhancing improvements to plant operations and companywide processes.
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 be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the Securities and Exchange Commission at www.sec.gov.