Exhibit 99.1
(NRG LOGO)
NRG Energy, Inc. Reports Record Full Year 2009 and
Fourth Quarter Results
Full-Year 2009 Financial Highlights
  $2,618 million of adjusted EBITDA, net of MtM impacts — up 14% from 2008
 
  $1,862 million of adjusted cash from operating activities — up 26% from 2008
 
  $941 million of net income and $3.44 per diluted common share
 
  $500 million of common stock (19.3 million shares) repurchased during the year
Fourth Quarter Financial Highlights
  $489 million of adjusted EBITDA, net of MtM impacts
 
  $33 million of net income and $0.11 per diluted common share
 
  $3,794 million of liquidity as of December 31, 2009, including $2,304 million in cash
 
  $181 million payment of NRG Common Stock Finance II (CSF II) facility
 
  $200 million pre-payment of debt on the Term Loan B Facility
Announcing 2010 Capital Allocation Plan and Updating 2010 Guidance:
  Launching 2010 Capital Allocation Plan with $180 million share buy back, in line with commitment of 3% of market capitalization
 
  Reaffirming 2010 EBITDA guidance of $2,200 million and increasing cash flow from operations guidance by $75 million to $1,425 million
PRINCETON, NJ; February 23, 2010—
NRG Energy, Inc. (NYSE: NRG) for the year end December 31, 2009, reported net income of $941 million, or $3.44 per diluted common share, compared to $1,225 million, or $4.43 per diluted common share, for the full year 2008. Income from continuing operations before income taxes was $97 million lower in 2009 than in 2008 as contributions from the wholesale business declined in 2009, primarily due to a decrease of $776 million of pre-tax mark-to-market gains and $199 million lower contract amortization revenue. 2009 results benefited from the Reliant Energy acquisition as the segment generated $966 million of pre-tax income during the eight months ended December 31, 2009. Non-recurring operating expenses during 2009 included $31 million of Exelon defense costs and $54 million of transaction and integration costs associated with the Company’s acquisition of Reliant Energy.
For the quarter ended December 31, 2009, the Company reported net income of $33 million, or $0.11 per diluted common share, compared to $271 million, or $0.97 per diluted common share, for the fourth quarter last year. The current quarter’s income from continuing operations before income taxes of $147 million benefited from Reliant Energy’s contribution of $159 million in pre-tax income, which included $274 million of pre-tax mark-to-market gains on economic hedges. Fourth quarter 2008 net income was $481 million, which benefited from $360 million of pre-tax net mark-to-market gains on economic hedges. Included in the current quarter’s results is a $12 million pre-tax charge associated with the planned cancellation of the pollution control equipment project at Indian River unit 3.
Plant operational performance was strong during the fourth quarter 2009 as the Company’s coal assets realized an overall 90% equivalent availability factor and increased production due to

1


The following information was filed by Nrg Energy, Inc. (NRG) on Tuesday, February 23, 2010 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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