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Fortune 500 companies based in Houston [1] Rank Company name 12: ... Cheniere Energy: 333: NRG Energy: 342: ... Bill.com; BMC Software;
In December 2011, the non-partisan organization Public Campaign criticized CenterPoint Energy for spending $2.65 million on lobbying and not paying any taxes during 2008–2010, instead getting $284 million in tax rebates, despite making a profit of $1.9 billion, and having an executive pay between $12 and $13 million for its top 5 executives.
In June 2009, NRG Energy purchased Reliant Energy's retail electricity business. At the time, Reliant had 1.8 million customers and was the second largest electric provider in Texas. [5] The name Reliant Energy was retained and the surviving wholesale business was renamed RRI Energy, which was retired in 2012 after additional NRG acquisitions.
NRG Energy completed its acquisition of GenOn Energy in December 2012 [32] for $1.7 billion in stock and cash. [33] The GenOn name was retired in the merger, but the combined company retained GenOn's Houston headquarters to coordinate operations. [32] That company, in turn, had been formed out of the merger of RRI Energy and Mirant Corporation ...
This split formed Reliant Resources, an unregulated electricity and energy company, and Centerpoint Energy, the remaining mostly regulated energy delivery company. [3] Reliant Energy's power plants became a wholly owned subsidiary of Centerpoint Energy. The new company was known as Texas Genco. When the state of Texas deregulated the ...
The company has been the presenting sponsor of the Houston Zoo's Chill Out program since 2011 and Zoo Lights since its inception. [14] In addition, TXU Energy has sponsored other events such as the zoo's annual Gift of Grub campaign, which matches donations up to $50,000.