NRG Energy, Inc. announced that it has commenced a tender offer for up to $400 million in aggregate principal amount of its 8.50% senior notes due 2019 and its 7.625% senior notes due 2019 through a cash tender offer. The 8.50% Notes are designated as the first, or highest, acceptance priority level and the 7.625% Notes are designated as the second acceptance priority level. The tender offer is being made pursuant to an offer to purchase and a related letter of transmittal, each dated as of January 10, 2014.

The tender offer will expire at midnight, New York City time, on February 7, 2014. Under the terms of the tender offer, holders of the 2019 Notes that validly tender and do not validly withdraw their 2019 Notes prior to 5:00 p.m. New York City time on January 24, 2014 will receive the total consideration, which includes the "Early Tender Premium", plus an amount equal to any accrued and unpaid interest up to, but not including, the settlement date. Holders of the 2019 Notes that validly tender their 2019 Notes after the Early Tender Date but on or before the Expiration Date will receive only the tender offer consideration plus an amount equal to any accrued and unpaid interest up to, but not including, the settlement date.

Holders of notes tendered after the Early Tender Date will not receive the Early Tender Premium.