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NRG Energy President & CEO David Crane answers a question at a news conference at the Legislative Office Building in Hartford, Conn., Tuesday, Oct. 23, 2007, as John Ragan, left, regional president of NRG Energy and James P. Torgerson, center, president and CEO of UIL Holdings look on. At the news conference the announcement was made that NRG Energy and United Illuminating want to invest $700 million to build power plants in Connecticut to supply electricity during peak periods of demand.
David Crane, president and CEO of NRG Energy, Inc., speaks at a news conference at the Legislative Office Building in Hartford, Conn., Tuesday, Oct. 23, 2007. At the news conference NRG and United Illuminating said they want to invest $700 million in a partnership to build power plants in Connecticut to supply electricity during peak periods of demand. At left in background is James P. Torgerson, president and CEO of UIL Holdings Corporation, the parent company of United Illuminating Co.
Sen. Hillary Rodham Clinton, D-N.Y., speaks at NRG Energy Inc., Huntley Power Plant in Tonawanda, N.Y., Monday, Feb. 26, 2007. Taking time out from her busy, cross-country presidential campaign schedule, Clinton flew to upstate New York on Monday to talk about energy. Clinton said she would propose a $50 billion ''Strategic Energy Fund'' to research and develop clean energy.
In this Oct. 14, 2006 file photo, NRG Energy CEO David Crane sits near a video center for monitoring energy prices, trading platforms and all of NRG's energy production, at the company's headquarters in Princeton, N.J. Nuclear power giant and utility operator Exelon made an unsolicited $6.2 billion all-stock bid recently, for wholesale power generator NRG Energy in a deal that would create the nation's largest power company.
James P. Torgerson, president and CEO of UIL Holdings Corporation, answers a question during a news conference at the Legislative Office Building in Hartford, Conn., Tuesday, Oct. 23, 2007, after a joint announcement by United Illuminating and NRG Energy, Inc. that they propose to invest $700 million in a partnership to build power plants in Connecticut to supply electricity during peak periods of demand. From left are: Anthony J. Vallillo, President nad Chief Operating Officer, United Illuminating Comapny; Torgerson; John Ragan, Reginal President, NRG Energy, Inc.; David Crane, president and CEO of NRG Energy, Inc.
In this Oct. 14, 2006 file photograph, NRG Energy CEO David Crane sits near a video center for monitoring energy prices, trading platforms and all of NRG's energy production, at the company's headquarters in Princeton, N.J. NRG, the New Jersey-based power company has scrapped plans for a power plant in Montville, Conn., using "clean coal" technology, but is moving ahead with a conventional gas-fired plant to produce electricity. (AP Photo/Mel Evans, File)