Exhibit 99.1


NRG Energy, Inc. Reports First Quarter Results, Completes 311 MW Solar Asset Drop Down and Reaffirms 2017 Financial Guidance

Key Highlights
Completed drop down to NRG Yield of 311 net MWs of utility-scale solar assets for total cash consideration of $130 million1 
Reaffirming 2017 Adjusted EBITDA and Free Cash Flow before Growth (FCFbG) guidance
Established the Business Review Committee to make recommendations to the full Board on its stated initiatives
Offered to NRG Yield remaining 25% interest in NRG Wind TE Holdco, an 814 net MW portfolio of 12 wind facilities
Commenced construction at Carlsbad Energy Center in the first quarter 2017; COD expected in the fourth quarter of 2018

PRINCETON, NJ - May 2, 2017
- NRG Energy, Inc. (NYSE: NRG) today reported first quarter net loss of $203 million, or $0.52 per diluted common share compared to net income of $47 million, or $0.24 per diluted common share for the first three months of 2016. Adjusted EBITDA for the three months ended March 31, 2017 was $412 million and year-to-date cash used by operations totaled $68 million.

“We are pleased to reaffirm our financial guidance amid challenging market conditions this quarter,” said Mauricio Gutierrez, NRG President and Chief Executive Officer. “We remain focused on our strategic priorities of simplifying and streamlining the business, optimizing our portfolio and strengthening the balance sheet.”

1 Prior to working capital adjustments

Consolidated Financial Results
Three Months Ended
($ in millions)

Net (Loss)/Income

Cash (Used by)/From Operations

Adjusted EBITDA


Free Cash Flow Before Growth Investments (FCFbG)

The following information was filed by Nrg Energy, Inc. (NRG) on Tuesday, May 2, 2017 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Nrg Energy, Inc.'s financial trajectory

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