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Latest Mirant Stories

2011-04-05 13:00:00

ATLANTA, April 5, 2011 /PRNewswire/ -- AGL Resources (NYSE: AGL) today announced the appointment of Angela M. Nagy as vice president and controller. Nagy will be responsible for the corporate general accounting, financial reporting and retail operations accounting functions of AGL Resources. "We are very pleased to have someone with Angela's expertise and experience in this leadership role," said Bryan Seas, Senior Vice President and Chief Accounting Officer. Nagy brings extensive...

2010-12-03 11:00:00

HOUSTON, Dec. 3, 2010 /PRNewswire-FirstCall/ -- Mirant Corporation and RRI Energy, Inc. announced today that they have completed their merger to form GenOn Energy, Inc. (NYSE: GEN). GenOn is one of the largest independent power producers in the United States, with approximately 24,600 megawatts of electric generating capacity. GenOn common stock will begin trading on the New York Stock Exchange on Monday, December 6 under the stock symbol GEN. "This merger will create significant...

2010-11-05 06:30:00

ATLANTA, Nov. 5, 2010 /PRNewswire-FirstCall/ -- Net income of $254 million compared to net income of $55 million for the third quarter of 2009 Adjusted EBITDA of $190 million compared to adjusted EBITDA of $311 million for the third quarter of 2009 Continue to expect to complete the merger with RRI Energy, Inc. ("RRI Energy") to create GenOn Energy, Inc. by the end of the year Mirant Corporation (NYSE: MIR) today reported net income for the third quarter of 2010 of $254 million compared...

2010-10-25 10:00:00

ATLANTA and HOUSTON, Oct. 25 /PRNewswire-FirstCall/ -- Mirant Corporation (NYSE: MIR) and RRI Energy, Inc. (NYSE: RRI) announced today that stockholders of both companies have approved the proposals related to their proposed merger to form GenOn Energy, Inc. All proposals considered at each company's special meeting of stockholders passed by substantial margins. The merger remains subject to customary closing conditions, including the completion of review and clearance by the U.S....

2010-10-12 06:30:00

ATLANTA, Oct. 12 /PRNewswire-FirstCall/ -- Mirant (NYSE: MIR) today announced it will host an earnings call to discuss its third quarter 2010 financial results. The call will be held from 9-10 a.m. EDT on Friday, November 5, 2010. Analysts are invited to listen to the call by dialing 800 289 0463 (International 913 312 0688) and referencing pass code 9947498, or by logging onto www.mirant.com. A recording of the event will be available for playback on this site beginning on Friday,...

2010-10-11 06:30:00

ATLANTA, Oct. 11 /PRNewswire-FirstCall/ -- Mirant Corporation (NYSE: MIR) announced today that its subsidiary, Mirant Marsh Landing, LLC, closed last Friday on a $650 million credit facility to provide construction and permanent financing for its Marsh Landing Generating Station. The credit facility includes $500 million of construction and term debt and $150 million of letter of credit facilities. The letter of credit facilities will satisfy the debt service reserve required by the new...

2010-09-20 19:15:00

ATLANTA and HOUSTON, Sept. 20 /PRNewswire-FirstCall/ -- Mirant Corporation (NYSE: MIR) and RRI Energy, Inc. (NYSE: RRI) announced today that they have entered into agreements which provide for the companies to borrow $1.925 billion upon the closing of their proposed merger to form GenOn Energy, Inc. (GenOn). In addition, the companies have also entered into a revolving credit facility. Completion of these financings is subject to the satisfaction of certain customary conditions. Upon...

2010-08-06 06:30:00

ATLANTA, Aug. 6 /PRNewswire-FirstCall/ -- Net loss of $263 million compared to net income of $163 million for the second quarter of 2009 Adjusted EBITDA of $149 million compared to adjusted EBITDA of $200 million for the second quarter of 2009 Continue to expect to complete the merger with RRI Energy, Inc. to create GenOn Energy, Inc. by the end of 2010 Mirant Corporation (NYSE: MIR) today reported a net loss for the second quarter of 2010 of $263 million compared to net income of $163...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.