NRG Yield, Inc. is a dividend growth-oriented company formed as a Delaware corporation on December 20, 2012, to serve as the primary vehicle through which NRG Energy, Inc. owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets. The Company owns a diversified portfolio of contracted renewable and conventional generation and thermal infrastructure assets in the U.S. The Company’s contracted generation portfolio as of September 30, 2015 collectively represents 3,948 net MW. Each of these assets sells substantially all of its output pursuant to long-term offtake agreements with creditworthy counterparties. The average remaining contract duration of these offtake agreements was approximately 17 years as of September 30, 2015, based on cash available for distribution. The Company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,310 net MWt and electric generation capacity of 124 net MW. These thermal infrastructure assets provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals and governmental units in multiple locations, principally through long-term contracts or pursuant to rates regulated by state utility commissions.
PRINCETON, N.J.--(BUSINESS WIRE)--Feb. 10, 2016--
NRG Yield, Inc. (NYSE: NYLD, NYLD.A) plans to present its Full Year and
Fourth Quarter 2015 financial results in a conference call and webcast
to be held Monday, February 29, 2016 at 9:00 am Eastern following the
NRG Energy (NYSE:NRG) earnings call scheduled for 7:30 am Eastern the
A live webcast of the conference call, including presentation materials,
can be accessed through NRG...
PRINCETON, N.J.--(BUSINESS WIRE)--Dec. 4, 2015--
NRG Yield, Inc. (NYSE:NYLD, NYLD.A) announced today that following the
announcement that David Crane has stepped down as President and Chief
Executive Officer of NRG Energy, Inc. (NYSE: NRG), the Board of
Directors of NRG Yield has acted to replace Mr. Crane as Chairman,
President and Chief Executive Officer of NRG Yield.
The Board has named Mauricio Gutierrez interim President and Chief
PRINCETON, N.J.--(BUSINESS WIRE)--Nov. 19, 2015--
NRG Energy, Inc. (NYSE:NRG) and NRG Yield (NYSE: NYLD, NYLD.A) today
announced the following executive appointments in finance effective
January 4, 2016: Gaetan Frotte, Senior Vice President, Finance and
Strategy of NRG Yield, will become Senior Vice President and Treasurer
of NRG; Chad Plotkin, Vice President, Investor Relations, will become
Senior Vice President, Finance and Strategy for NRG Yield; and Kevin
Cole will join NRG as S...