Tag: electric grid

Energy, Industries

NRG Energy plummets 17% after Texas snowstorm wreaks havoc on its financials

March 17, 2021

Via: Markets Insider

NRG Energy led the S&P 500 lower on Wednesday, falling as much as 17% after the utility company said last month’s Texas snowstorm wreaked havoc on its financials. NRG said it expects to record a $750 million loss related to […]