iaries are electric corporations subject to ‘lightened’ regulation by the New York State Public Service Commission. In California, the company's generation subsidiaries are subject to regulation by the California Public Utilities Commission with regard to certain non-rate aspects of the facilities, including health and safety, outage reporting and other aspects of the facilities' operations. As a holder of an ownership interest in South Texas Project, the company is an NRC licensee and is subject to NRC regulation. Environmental Matters Various regulations with the potential to affect the company and its facilities are in development or under review by the United States Environmental Protection Agency, such as New Source Performance Standards for GHGs, National Ambient Air Quality Standards revisions and implementation, coal combustion byproducts regulation, effluent guidelines and once-through cooling regulations. The company is required under the Clean Water Act to comply with intake and discharge requirements, requirements for technological controls and operating practices. Joint venture In March 2014, Velocys plc announced that it has entered a joint venture (JV) with Waste Management, NRG Energy (NRG), and Ventech Engineers International (Ventech) to develop gas-to-liquids (GTL) plants in the United States and other select geographies. Significant Events In May 2014, NRG Energy, Inc. and Unilever United States, Inc. have announced the formation of a strategic partnership. The partnership aligns with the Unilever Sustainable Living Plan, which is the company's global blueprint for sustainable growth that aims to double the size of Unilever's business while reducing the company's environmental footprint and increasing its positive social impact. In May 2014, Velocys plc announced a joint venture with US Waste Management Inc, power utility NRG Energy Inc. and plant relocations and modular refinery installation services firm Ventech Engineers International LLC to develop GTL facilities. In July 2014, Andrews Kurth LLP served as project development counsel to NRG Energy Inc. in the company's joint venture with JX Nippon Oil & Gas Exploration Corp. to build the large post-combustion carbon capture and sequestration (CCS) facility on an existing coal plant in Fort Bend County, Texas. In October 2014 NRG Energy, Inc. announced that construction has begun on an approximately 360 megawatt, natural gas-fired peaking plant at a site near Bacliff, Texas, southeast of Houston. History NRG Energy, Inc. was founded in 1989. The company was incorporated as a Delaware corporation in 1992.
nrg energy inc (NRG:New York)
211 Carnegie Center
Princeton, NJ 08540
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