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(Top) 1 Fortune 500 ... Fortune 500 companies based in Houston [1] Rank Company name 12: ExxonMobil: 48: ... Cheniere Energy: 333: NRG Energy: 342: CenterPoint Energy ...
Energy is a major component of the economy of Texas. The state is the nation's largest energy producer, producing twice as much energy as Florida , the state with the second-highest production. It is also the national leader in wind power generation, comprising about 28% of national wind powered electrical production in 2019.
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 ...
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.
For the 11th straight year, Platts ranked 250 of the world's top energy companies. Not surprisingly, the top 10 are all oil and gas companies. The list highlights some important trends for ...
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.
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