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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) OCTOBER 6, 1998
NRG ENERGY, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHART)
DELAWARE 333-33397 41-1724239
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(STATE OF INCORPORATION) (COMMISSION (I.R.S. EMPLOYER
FILE NUMBER) IDENTIFICATION NO.)
1221 NICOLLET MALL, SUITE 700 MINNEAPOLIS, MN 55403
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(612) 373-5300
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REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE
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8K
ITEM 5 OTHER EVENTS
NRG Energy, Inc. (NRG), a wholly-owned subsidiary of Northern States
Power Company (NYSE:NSP), announced that it will write down its accumulated
project development expenditures for the West Java, Indonesia project as of end
of third quarter business due to the current uncertainties surrounding all
infrastructure projects in Indonesia. The write-down for this project will be
$20.0 million on a pre-tax basis and $13.3 million after tax. NRG has also
reviewed all other international projects in development and has created a
reserve of $2.0 million against 1998 earnings ($3.3 million pretax) for other
project development expenditure write-downs that may be required.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NRG ENERGY, INC.
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(Registrant)
/s/
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Leonard A. Bluhm
Executive Vice President and Chief Financial
Officer
(Principal Financial Officer)
Date: October 6, 1998
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