NRG Boosts Capital Spending, but Plans Cuts as Biggest Nuclear, Natural Gas Projects Stuck in Neutral
SUGAR LAND--August 10, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--NRG Energy Incorporated (NYSE: NRG) (Princeton, New Jersey) outpaced most other major U.S. power generation companies in the second quarter, as lower wholesale prices benefited its retail segment. The company upped capital expenditures to $622 million, from $583 million in the same period last year; but with a string of projects completed or near completion, and with several of the largest delayed indefinitely, the company plans to significantly reduce its growth spending in 2017. Industrial Info's project database is tracking more than $19.4 billion in active NRG projects.
Within this article: Details on the highest-valued projects featuring NRG, including those in the nuclear, coal and natural gas fields.
