Exhibit 99.1
     
(NRG LOGO)   NEWS
RELEASE
FOR IMMEDIATE RELEASE
NRG Energy, Inc. Reports 2008 Fourth Quarter and Full-Year Results
Full-Year 2008 Financial Highlights:
  $1.4 billion of cash flow from operations;
 
  $2.3 billion of adjusted EBITDA, excluding mark-to-market (MtM) impacts;
 
  $234 million in debt repayments and $185 million of common share repurchases; and
 
  $250 million FORNRG 1.0 target exceeded; FORNRG 2.0 initiated
Fourth Quarter Financial Highlights:
  $393 million of cash flow from operations;
 
  $403 million of adjusted EBITDA, excluding MtM impacts; and
 
  $3.4 billion total liquidity, excluding counterparty collateral deposits
Full-Year 2008 Growth Initiative Highlights:
  Completion of Sherbino I and Elbow Creek wind farms; and
 
  GenConn projects permitted to begin construction in 11/09
2009 Outlook and Growth Highlights:
  Reaffirmed guidance of $1.5 billion of cash flow from operations and $2.2 billion of adjusted EBITDA; and
 
  Completed STP units 3&4 EPC negotiations and initiating 20% equity sell-down
PRINCETON, NJ; February 12, 2009—
NRG Energy, Inc. (NYSE: NRG) today reported income from continuing operations for the quarter ended December 31, 2008 of $273 million, or $0.98 per diluted common share, compared to income of $100 million, or $0.34 per diluted common share, for the fourth quarter of 2007. Driving the increase in fourth quarter 2008 income was an after tax benefit of $200 million in unrealized mark-to-market (MtM) gains as a result of falling commodity prices, while fourth quarter 2007 results included an after tax charge of $22 million in unrealized MtM losses.
For the year ended December 31, 2008, the Company reported record income from continuing operations of $1,016 million, or $3.66 per diluted common share, compared to 2007 income from continuing operations of $569 million, or $1.95 per share. The increase was due primarily to a $361 million increase in net after tax MtM gains as such gains were $315 million in 2008 versus MtM losses of $46 million in 2007. Financial results for 2008 were favorably impacted by both strong plant operating performance and a proactive commercial operations strategy implemented during the second quarter of the year. Further benefitting 2008 results was a $33 million after tax reduction in development expenses resulting from the capitalization of STP units 3&4 costs starting on January 1, 2008, following the docketing of the Company’s Combined Construction and Operating License Application.
Net income for the year ended December 31, 2008 was $1,188 million, or $4.29 per diluted common share, compared to net income of $586 million, or $2.01 per diluted common share, for the same period last year. The full year 2008 results included $172 million in income, or $0.63 per diluted common share from

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The following information was filed by Nrg Energy, Inc. (NRG) on Thursday, February 12, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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