Elliott pushes for NRG Energy overhaul after disclosing position

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Go back to Elliott pushes for NRG Energy overhaul after disclosing position

NRG Energy (NRG) Says it Welcomes Shareholder Input Following Letter from Elliott

May 15, 2023 12:13 PM EDT

NRG Energy, Inc. today received a letter and presentation from Elliott Associates, L.P. and Elliott International, L.P. and its affiliates (collectively, Elliott) that they have acquired more than thirteen percent (13%) economic interest in the Company. NRG is committed to creating shareholder value and appreciates Elliotts interest. The... More

Elliott urges NRG Energy (NRG) to make changes to create $5 billion of shareholder value

May 15, 2023 12:07 PM EDT

Private equity firm Elliott Investment Management is pushing for change at NRG Energy (NYSE: NRG) after it released a letter recommending the company make leadership changes, improve operations and conduct a strategic review of its home services strategy.

The letter sent NRG's shares to a high of... More