NRG Energy Services Announces Agreement with Golden Spread Electric Cooperative for Third-Party Operations & Maintenance at T...
November 29 2016 - 7:00AM
Business Wire
NRG now provides safe, efficient operations and
maintenance services for owners of 11 power plants across the
United States
NRG Energy Services LLC, a subsidiary of NRG Energy, Inc.
(NYSE:NRG), has entered into an agreement with Texas-based Golden
Spread Electric Cooperative, Inc. to provide operations and
maintenance (O&M) services for two generating stations owned by
Golden Spread.
Golden Spread Electric Cooperative is a consumer-owned public
utility with 16 member systems providing service to approximately
287,000 customers located in the Oklahoma Panhandle and an area
covering 24 percent of Texas, including the Texas Panhandle, South
Plains and Edwards Plateau Regions.
The two Golden Spread facilities – Mustang, a 958 MW natural gas
turbine plant in Denver City, TX, and Antelope Elk Energy Center, a
744 MW natural gas facility in Abernathy, TX – will join with nine
other generating stations under the O&M responsibilities of NRG
Energy Services, representing a 9,200 megawatt portfolio.
Leveraging the experience and expertise of NRG, which operates more
than one hundred power plants, NRG Energy Services is able to
provide first-rate support to owners of large and small generating
fleets.
“We believe that NRG’s strong industry experience and vast
resources that provide top tier operations to its own large fleet
of assets will provide significant benefit to Golden Spread’s
members by bringing the same experience and resources to our
generation assets,” said Jeff Pippin, vice president of production,
Golden Spread. “We look forward to our future working with NRG, a
company that brings national scale and scope but also the personal
customer focus to understand our mission as an electric
cooperative.”
“NRG is honored to begin working with Golden Spread,” said Jim
Locher, president, NRG Energy Services. “We look forward to
applying our extensive experience owning, operating and maintaining
power plants to support the Mustang and Antelope Elk plants to help
Golden Spread achieve their goals for their investment in their
facilities.”
NRG Energy Services delivers custom-tailored O&M solutions
to companies that want to match their plants with the expertise of
a premier operating company. NRG Energy Services brings the
extensive skills and experience acquired by supporting the leading
integrated power company in the United States.
In addition to providing O&M services, NRG Energy Services’
broad technical and engineering expertise and experience allows it
to diagnose and recommend effective solutions for plant-related
issues. The company’s specialized maintenance and repair facilities
are designed to restore major rotating equipment, compressors,
pumps, and engines and get generating units back online safely and
efficiently.
About NRG
NRG is the leading integrated power company in the U.S., built
on the strength of the nation’s largest and most diverse
competitive electric generation portfolio and leading retail
electricity platform. A Fortune 200 company, NRG creates value
through best in class operations, reliable and efficient electric
generation, and a retail platform serving residential and
commercial businesses. Working with electricity customers, large
and small, we continually innovate, embrace and implement
sustainable solutions for producing and managing energy. We aim to
be pioneers in developing smarter energy choices and delivering
exceptional service as our retail electricity providers serve
almost 3 million residential and commercial customers throughout
the country. More information is available at www.nrg.com.
Connect with NRG Energy on Facebook and follow
us on Twitter @nrgenergy.
Safe Harbor
This communication contains forward-looking statements that may
state NRG’s or its management’s intentions, beliefs, expectations
or predictions for the future. Such forward-looking statements are
subject to certain risks, uncertainties and assumptions, and
typically can be identified by the use of words such as “will,”
“expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe”
and similar terms. Although NRG believes that its expectations are
reasonable, it can give no assurance that these expectations will
prove to have been correct, and actual results may vary materially.
Factors that could cause actual results to differ materially from
those contemplated above include, among others, risks and
uncertainties related to the capital markets generally.
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NRG Energy Services LLCMedia:David Knox,
832-357-5730orInvestors:Kevin Cole, 609-524-4526orLindsey
Puchyr, 609-524-4527
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