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NRG Energy Triple-Matches Employee Donations to Contribute Nearly $300,000 for Japan Disaster Relief

^{Published on 2011-04-19 12:35:32 - Market Wire}
 

PRINCETON, N.J.--([ BUSINESS WIRE ])--Responding to the devastation and dire humanitarian need of the Japanese people following the March 11 earthquake and tsunami, the employees ofNRG Energy, Inc. (NYSE:NRG) raised $73,000, which the Company triple-matched through its NRG Global Giving program, bringing the total contribution to $292,000.

"Give2Asia believes in partnering with local organizations that understand and meet the needs and challenges of survivors and their communities. Our efforts will focus on providing medium- and long-term support so that communities in the affected areas can successfully rebuild."

aMore than 500 employees responded to the call for donations to help the Japanese people in this grave time of need,a said David Crane, NRGa™s President and CEO. aI am proud of the outpouring of assistance by NRG personnel for our friends across the ocean. Our efforts for Japan, as well as recent efforts for those affected by disasters in Queensland, Australia and in Haiti, testify to the great character and generosity of our employees.a

Shortly after news of the quake, NRG Global Giving set up a web portal for employees that matched their donations three-to-one, meaning that a $100 donation generated a Company match of $300, for a total donation of $400. The donation was divided between Give2Asia and the Red Crossa™ Japan Fund, with a portion dispersed to emergency aid groups in prefectures such as Miyagi, Iwate and Fukushima, which saw the most devastation from the event.

aWe are honored to be a recipient of NRG Energya™s Global Giving program,a said Barnett Baron, Give2Asiaa™s President and CEO. aGive2Asia believes in partnering with local organizations that understand and meet the needs and challenges of survivors and their communities. Our efforts will focus on providing medium- and long-term support so that communities in the affected areas can successfully rebuild.a

About NRG Energy

NRG Energy, Inc. is a Fortune 500 and S&P 500 Index company that owns and operates one of the countrya™s largest and most diverse power generation portfolios. Headquartered in Princeton, NJ, the Companya™s power plants provide 25,000 megawatts of generation capacity a" enough to supply nearly 20 million homes. NRGa™s retail businesses, Reliant Energy and Green Mountain Energy Company, combined serve more than 1.8 million residential, business, commercial and industrial customers. With investments in solar, wind and nuclear power, as well as electric vehicle infrastructure, NRG is working to help America transition to a clean energy economy. More information is available at [ www.nrgenergy.com ].