Jan. 19 — Two shareholders of Houston-based NRG Energy have teamed to buy a greater share of the company in a bid to get a seat on NRG’s board of directors.
Elliott Associates, a hedge fund, and Dallas-based Bluescape Energy Partners have said that NRG’s stock is “deeply undervalued,” and want to push for operational and financial changes at NRG, according to a filing with the Securities and Exchange Commission.