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Jun 30, 2021
NRG Energy Q2 2021 Earnings Report
NRG Energy reported strong results driven by a diversified consumer services platform and strategic priorities.
Key Takeaways
NRG Energy reported a net income of $1,078 million for Q2 2021, with Adjusted EBITDA at $656 million. The company reaffirms its 2021 guidance and continues to focus on strategic priorities.
Texas legislature took positive action to improve system wide reliability.
Direct Energy integration and synergies are on track.
Announced retirements and strategic review of PJM generation fleet.
Published 11th annual sustainability report.
NRG Energy
NRG Energy
Forward Guidance
NRG is reaffirming its guidance range for 2021 with respect to Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) which excludes the full year impact of Winter Storm Uri.