Assets/NRGD

DORRS MARKET INTELLIGENCE

NRG Energy, Inc. Dinari dShares

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ASSET PROFILE

Business description

CDI CDI-6841799842

NRG Energy is one of the largest retail energy providers in the US, with 6 million customers. Vivint Smart Home, which NRG acquired in 2023, has 2 million home-services customers. NRG also is one of the largest US independent power producers, with 26 gigawatts of coal, gas, and oil power generation capacity in Texas and the Eastern US. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003. NRG Energy, Inc. Dinari dShares provides blockchain-based exposure to the listed underlying security NRG. Dinari represents that each dShare is backed 1:1 by the corresponding underlying security and supports on-chain transfer, settlement, redemption, and applicable corporate actions.

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