o | Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
Item 3. Past Contacts, Transactions, Negotiations and Agreements | ||||||||
Item 8. Additional Information | ||||||||
SIGNATURE |
| General economic conditions, changes in the wholesale power markets and fluctuations in the cost of fuel; | ||
| Hazards customary to the power production industry and power generation operations such as fuel and electricity price volatility, unusual weather conditions, catastrophic weather-related or other |
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damage to facilities, unscheduled generation outages, maintenance or repairs, unanticipated changes to fuel supply costs or availability due to higher demand, shortages, transportation problems or other developments, environmental incidents, or electric transmission or gas pipeline system constraints and the possibility that NRG may not have adequate insurance to cover losses as a result of such hazards; | |||
| The effectiveness of NRGs risk management policies and procedures, and the ability of NRGs counterparties to satisfy their financial commitments; | ||
| Counterparties collateral demands and other factors affecting NRGs liquidity position and financial condition; | ||
| NRGs ability to operate its businesses efficiently, manage capital expenditures and costs tightly, and generate earnings and cash flows from its asset-based businesses in relation to its debt and other obligations; | ||
| NRGs ability to enter into contracts to sell power and procure fuel on acceptable terms and prices; | ||
| The liquidity and competitiveness of wholesale markets for energy commodities; | ||
| Government regulation, including compliance with regulatory requirements and changes in market rules, rates, tariffs and environmental laws and increased regulation of carbon dioxide and other greenhouse gas emissions; | ||
| Price mitigation strategies and other market structures employed by independent system operators, or ISOs, or regional transmission organizations, or RTOs, that result in a failure to adequately compensate NRGs generation units for all of its costs; | ||
| NRGs ability to borrow additional funds and access capital markets, as well as NRGs substantial indebtedness and the possibility that NRG may incur additional indebtedness going forward; | ||
| Operating and financial restrictions placed on NRG and its subsidiaries that are contained in the indentures governing NRGs outstanding notes, in NRGs senior credit facility, and in debt and other agreements of certain of NRGs subsidiaries and project affiliates generally; | ||
| NRGs ability to implement its RepoweringNRG strategy of developing and building new power generation facilities, including new nuclear units and wind projects; | ||
| NRGs ability to implement its econrg strategy of finding ways to meet the challenges of climate change, clean air and protecting our natural resources while taking advantage of business opportunities; and | ||
| NRGs ability to achieve its strategy of regularly returning capital to shareholders. |
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NRG ENERGY, INC. |
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By: | /s/ J. Andrew Murphy | |||
Name: | J. Andrew Murphy | |||
Title: | Executive Vice President and General Counsel | |||
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