Top Canadian Companies For 2015

Top Canadian Companies For 2015: NRG Energy Inc.(NRG)

NRG Energy, Inc., together with its subsidiaries, operates as a wholesale power generation company. The company engages in the ownership, development, construction, and operation of power generation facilities. It also involves in the transacting in and trading of fuel and transportation services; the trading of energy, capacity, and related products in the United States and internationally; and the supply of electricity, energy services, and cleaner energy and carbon offset products to retail electricity customers in deregulated markets. The company operates natural gas- fired, coal- fired, oil-fired, nuclear, solar, and wind power plants. As of December 31, 2010, it had power generation portfolio of 193 operating fossil fuel and nuclear generation units with an aggregate generation capacity of approximately 24,570 megawatt (MW), as well as ownership interests in renewable facilities with an aggregate generation capacity of 470 MW. The company portfolio also includes appr oximately 24,035 MW generation capacity in the United States, and 1,005 MW generation capacity in Australia and Germany. In addition, it has a district energy business with steam and chilled water capacity of approximately 1,140 megawatts thermal equivalent. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey.

Advisors' Opinion:

• [By Garrett Cook]

  In trading on Wednesday, utilities shares were relative leaders, up on the day by about 0.94 percent. Top gainers in the sector included NRG Energy (NYSE: NRG), up 3.2 percent, and NextEra Energy (NYSE: NEE), up 2.6 percent.

• [By MONEYMORNING.COM]

  In fact, that's what makes last week's announcement so encouraging. NRG Energy Inc. (NYSE: NRG), the largest independent power provider in the United States, has acquired Goal Zero. Goal Zero produces portable! solar generators and chargers for industrial and residential use, and the generators can be "chained" together to provide as much power as needed almost anywhere the sun shines.

• [By Ben Levisohn]

  While in several markets, including the U.S., fuel cell power plants are still a relatively novel technology for regulatory, government, and financing circles, and these stakeholders have a learning curve to climb, making for lengthy approval processes, we would expect the stationary fuel cell power plant technology penetration to increase. With continued cost improvements and ramping production levels, we believe the company is well on its way to becoming EBITDA positive by mid-FY2015 at the latest. We believe upcoming orders with NRG Energy (NRG) and Long Island Power Authority will give investors a clear path to this level of profitability next year

• [By Matt DiLallo]

  A positive forward was taken when NRG Energy (NYSE: NRG  ) announced earlier this week that it began construction on a billion dollar retrofit to its East Texas coal-fired power plant. While the project is being underwritten in part by $167 million from the Department of Energy, NRG Energy sees it being self-liquidating as the carbon dioxide that is captured will be used to yield a 30-fold increase in oil production from an aging oil field NRG Energy also co-owns.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-canadian-companies-for-2015.html