SAN FRANCISCO (Standard&Poor's) July 8, 2009--Standard&Poor's Ratings Services said today that NRG Energy Inc.'s (BB-/Watch Pos/B-2) announcement on July 8, 2009, that it was increasing its share repurchase target for 2009 to $500 million from $330 million has no effect on the company's corporate credit rating or issue ratings. NRG's higher EBITDA outlook on account of Reliant Energy's performance ($400 million EBITDA versus the earlier expectation of $250 million) will partly mitigate the financial impact. Furthermore, our financial forecast currently reflects share repurchases of $330 million and $300 million in 2009 and 2010, respectively. We see this announcement as bringing forward some of the planned 2010 repurchases into 2009. However, in the light of this announcement,
