NRG Reports Loss for Quarter -- Utilities Roundup

Features Dow Jones Newswires

Shares of utilities were slightly higher.

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Shares of NRG Energy plummeted after posting a quarterly loss and said it was "dropping down" more solar-power production assets to affiliate yieldco NRG Yield. NRG and other energy producers formed yieldcos to operate renewable-energy projects in a way that would pay investors larger dividends by separating the projects from their development costs.

-By Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 02, 2017 17:18 ET (21:18 GMT)