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Acquisitions, Construction Projects, R&D Facilities, Special Meetings and Renewable Energy Proposals - Research Report on NRG Energy, Public Service Enterprise, Ameren, NV Energy, and Westar Energy

Editor Note: For more information about this release, please scroll to bottom


News provided by

Analysts' Corner

Aug 29, 2013, 08:00 ET

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NEW YORK, August 29, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting NRG Energy, Inc. (NYSE: NRG), Public Service Enterprise Group Inc. (NYSE: PEG), Ameren Corporation (NYSE: AEE), NV Energy, Inc. (NYSE: NVE), and Westar Energy, Inc. (NYSE: WR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

NRG Energy, Inc. Research Report

On August 22, 2013, NRG Energy, Inc. (NRG Energy) announced that it has acquired Energy Curtailment Specialists, a large, private demand response provider in North America. Commenting on the acquisition, Jim Steffes, President NRG Retail Northeast said, "Acquiring Energy Curtailment Specialists' demand response and other solutions allows us to continue this leadership by enhancing our ability to help our customers reduce their electricity demand when that reduction is critical to maintaining the electrical grid and to do so in a way that improves their bottom line." Jim Korczykowski, who will continue to retain his post as President of Energy Curtailment Specialists within the NRG Energy organization, added, "Combining the demand response services that Energy Curtailment Specialists delivers with the strength of NRG Energy and their ongoing efforts to give electricity customers more and smarter energy choices is a natural fit. Together, we are in a tremendous position to better meet our customers' ever-evolving energy needs." The Full Research Report on NRG Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9e8a_NRG]

--

Public Service Enterprise Group Inc. Research Report

On August 16, 2013, Public Service Electric & Gas Company, a subsidiary of Public Service Enterprise Group Incorporated (PSEG), and PPL Electric Utilities announced that they will start construction of the Susquehanna-Roseland power line project, located at the Delaware Water Gap National Recreation Area, on September 3, 2013. According to the Company, the project will begin with access road construction, followed by drilling and pouring new concrete foundations, removing the existing 85-year-old power line, setting new poles and installing new wires. According to PSEG, construction is expected to complete in approximately 6 months. The Company also stated that it has implemented a broad-based information plan to keep the public and park visitors informed of construction activities, including any temporary trail and road closings. The Full Research Report on Public Service Enterprise Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2ac5_PEG]

--

Ameren Corporation Research Report

On August 21, 2013, Ameren Illinois (Ameren) opened a $3.3 million testing facility to help facilitate research and development of smart grid technologies and support the state's economic development and job creation goals. Richard Mark, President and CEO of Ameren, commented, "The TAC will give promising businesses and entrepreneurs access to an on-grid testing facility to help take their innovations to the next level. We must continue to foster an environment of innovation if Illinois is to remain economically competitive and able to create jobs in the 21st century economy." Further, Professor William Sanders, interim HOD of Electrical and Computer Engineering (ECE), Head of the largest of the UI smart grid research projects, added, "Academic-industry partnerships such as what we have with Ameren are essential to ensure that leading-edge research addresses key sector needs, and is adopted by utilities." The Full Research Report on Ameren Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/ccfb_AEE]

--

NV Energy, Inc. Research Report

On August 19, 2013, NV Energy, Inc. (NV Energy) announced that it will be holding a special meeting of stockholders on September 25, 2013 at 8:00 am PT at its corporate headquarters located at 6226 West Sahara Avenue, Las Vegas, Nevada. The agenda of the meeting will be to consider and vote upon a proposal to approve the formerly announced agreement and plan of merger, dated as of May 29, 2013, with respect to the proposed merger of NV Energy with a direct, wholly-owned subsidiary of MidAmerican Energy Holdings Company and other related matters. NV Energy informed that stockholders of record as of the close of business on August 19, 2013 will be entitled to vote at the special meeting. The Full Research Report on NV Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/8c5c_NVE]

--

Westar Energy, Inc. Research Report

On August 22, 2013, Westar Energy, Inc. (Westar) announced that it is requesting for proposals to increase its renewable energy resources by at least 80 megawatts. The utility stated that it is looking to start long-term contracts with one or more renewable energy project developers with the new generation coming online to provide service for Westar customers by 2016. Mark Ruelle, President and CEO of Westar commented, "With federal regulation of greenhouse gases coming, good market prices for wind energy and the next milestone for the state's requirement on the horizon, it's time to consider adding more renewable energy. If developers submit projects that help us meet these requirements and that are good for our customers, we'll move forward." Ruelle concluded, "Kansas winds give projects in the state a natural edge and help support our rural Economy." The Full Research Report on Westar Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0f4c_WR]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
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COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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