SUGAR LAND, Texas, Aug. 4, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--NRG Energy Incorporated (Princeton, New Jersey), the largest independent U.S. power producer, saw its net losses deepen in second-quarter 2017, despite higher revenues compared with the year-earlier period. Mild weather, lower margins in Texas, and higher transportation costs for coal erased profits and hiked expenses. But the company is embarking on a three-year transformation plan that executives hope will shed less profitable assets and shift focus to its more promising natural gas developments. Industrial Info is tracking nearly $4 billion in active projects involving NRG.
Within this article: Details on NRG's plans for its natural gas-fired assets, spanning New Jersey, Arizona, Pennsylvania, Ohio and California.
Other companies featured: General Electric, Babcock & Wilcox, Caterpillar
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to [email protected] or visit us online at http://www.industrialinfo.com.
William Ploch
713-783-5147
SOURCE Industrial Info Resources, Inc.
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