NRG Energy, Inc. (NYSE: NRG) has not received a revised proposal from
Exelon Corporation (NYSE: EXC) but is aware, through Exelon’s news
release and SEC filings, that Exelon has made a revised offer to acquire
all of the outstanding shares of NRG Energy at a fixed exchange ratio of
0.545 Exelon shares for each NRG common share. NRG stockholders are
advised to take no action at this time pending the review by NRG’s Board
of Directors.
NRG’s Board of Directors will carefully review Exelon’s revised proposal
with its advisors and determine the appropriate response promptly.
About NRG
NRG Energy, Inc., a Fortune 500 company, owns and operates one of the
country’s largest and most diverse power generation portfolios.
Headquartered in Princeton, NJ, the Company’s power plants provide more
than 24,000 megawatts of generation capacity—enough to supply more than
20 million homes. NRG’s retail business, Reliant Energy, serves more
than 1.7 million residential, business, commercial and industrial
customers in Texas. A past recipient of the energy industry’s highest
honors—Platts Industry Leadership and Energy Company of the Year awards,
NRG is a member of the U.S. Climate Action Partnership (USCAP), a group
of business and environmental organizations calling for mandatory
legislation to reduce greenhouse gas emissions. More information is
available at www.nrgenergy.com.
Important Information
In connection with its 2009 Annual Meeting of Stockholders (the 2009
Annual Meeting), NRG Energy, Inc. (NRG) has filed a definitive proxy
statement on Schedule 14A with the Securities and Exchange Commission
(the SEC). INVESTORS AND STOCKHOLDERS OF NRG ARE URGED TO READ THE PROXY
STATEMENT FOR THE 2009 ANNUAL MEETING IN ITS ENTIRETY BECAUSE IT
CONTAINS IMPORTANT INFORMATION. In response to the exchange offer
proposed by Exelon Corporation referred to in this communication, NRG
has filed with the SEC a Solicitation/Recommendation Statement on
Schedule 14D-9. STOCKHOLDERS OF NRG ARE ADVISED TO READ NRG’S
SOLICITATION/ RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 IN ITS ENTIRETY
BECAUSE IT CONTAINS IMPORTANT INFORMATION.
