South Texas Project Development Slowed to Await Guidance on Nuclear Generation Regulatory Requirements

Nuclear Innovation North America LLC, the nuclear development company jointly owned by NRG Energy, Inc. NRG and Toshiba Corporatio, is reducing the scope of development at the South Texas Project expansion to allow time for the U.S. Nuclear Regulatory Commission and other nuclear stakeholders to assess the lessons that can be learned from the events in Japan. Continuing work on STP 3&4, for the time being, will be limited to work related to licensing and securing the federal loan guarantee upon which the project depends.