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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) MARCH 29, 2000
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NRG ENERGY, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE
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(State or other jurisdiction of incorporation)
333-33397 41-1724239
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(Commission File Number) (IRS Employer Identification No.)
1221 NICOLLET MALL, SUITE 700 MINNEAPOLIS, MN 55403
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 612-373-5300
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On March 29, 2000, the Board of Directors of Northern States Power Company (NSP)
approved the potential sale in a public offering by its wholly owned subsidiary,
NRG Energy, Inc., of up to 18% interest in the common stock of NRG Energy. The
press release announcing this approval is filed with this Form 8-K as Exhibit
99.1. See "Item 7. Exhibits."
Item 7. Exhibits.
The following exhibits are filed with this report on Form 8-K:
Exhibit No. Description
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99.1 Press release issued March 29, 2000 of NRG Energy, Inc.
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SIGNATURES
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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 hereunto duly authorized.
NRG Energy, Inc
(Registrant)
By /s/ LEONARD A. BLUHM
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Leonard A. Bluhm
Executive Vice President and
Chief Financial Officer
(Principal Financial Officer)
Dated: March 29, 2000
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NEWS RELEASE
[NRG LOGO]
FOR RELEASE AFTER 3:45 P.M. CST
NRG ENERGY RECEIVES APPROVAL FROM PARENT NSP FOR STOCK ISSUE
MINNEAPOLIS (March 29, 2000) - The Board of Directors of Northern States Power
Company (NYSE: NSP) today approved the potential sale in a public offering by
its wholly owned subsidiary, NRG Energy, Inc. (NRG Energy), of up to 18 percent
interest in the common stock of NRG Energy. It is anticipated that a
registration statement with respect to the offering will be filed with the
Securities and Exchange Commission in April. The purpose of the offering will be
to raise capital to fund a portion of NRG Energy's project investments and other
capital requirements for 2000. No proceeds of this offering will be received by
Northern States Power Company.
NRG Energy is one of the world's leading independent power producers,
specializing in the development, construction, operation, maintenance and
ownership of low-cost, environmentally responsible power plants. Established in
1989, NRG Energy has a high quality portfolio of projects in the United States,
Europe, the Pacific Rim, and Latin America. NRG Energy is involved in over
28,000 MW of projects utilizing such diverse fuel sources as natural gas, oil,
coal and coal seam methane, biomass, landfill gas, and hydro, as well as refuse
derived fuel and geothermal energy.
This announcement does not constitute an offer of any of the securities
of NRG Energy for sale.
Certain information included in this press release contains statements
that are forward-looking. Such forward-looking information involves risks and
uncertainties that could significantly affect anticipated results in the future
and, accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of NRG Energy. For more
information regarding these risks and uncertainties, review NRG Energy's filings
with the Securities and Exchange Commission.
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CONTACT:
Frank Rapley NSP Media Representatives
Director Communications 612-337-2167
NRG Energy, Inc.
612-373-8892
