NRG Energy (NRG) Tops Q1 EPS Views

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NRG Energy, Inc. Reports First Quarter Results, Concludes GreenCo Process, and Reaffirms 2016 Guidance

May 5, 2016 6:51 AM EDT

First Quarter 2016 Results and Financial Highlights

$812 million of Adjusted EBITDA $249 million of Free Cash Flow (FCF) before growth investments

Operational and Strategic Update

Announcing the conclusion of the GreenCo process: Restructuring and streamlining of residential solar business; and Agreed to sell majority interest in EVgo to Vision Ridge Partners NRG intends to offer the remaining 51.05% of CVSR it owns to NRG Yield in the second quarter

2016 Financial Guidance and Capital Allocation Update

2016 Guidance reaffirmed and... More