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NRG eVgo Partnership with BMW Expands Access to Electric Vehicle Fast Charging Network

NRG eVgo (ee-vee-go), a subsidiary of NRG Energy, Inc. (NYSE:NRG), is further expanding access to the Company’s electric vehicle (EV) charging network by partnering with BMW on its new ChargeNow DC Fast program. Now, BMW i3 drivers in California can enjoy unlimited, no cost 30 minute DC fast charging, at eVgo Freedom Station® sites equipped with DC Combo Fast Charging, through 2015.

The ChargeNow DC Fast program offers BMW i3 EV drivers in California unlimited, no cost 30 minute DC ...

The ChargeNow DC Fast program offers BMW i3 EV drivers in California unlimited, no cost 30 minute DC fast charging, at NRG eVgo Freedom Station® sites equipped with DC Combo Fast Charging, through 2015. (Photo: Business Wire)

“At NRG eVgo, we are passionate in our commitment to drive the future of electric vehicle charging,” said Arun Banskota, President of NRG eVgo. “By identifying strategic partnerships and working with those partners to develop innovative solutions to EV charging needs, we can create an interconnected, reliable network of conveniently placed DC fast charging locations that gives EV drivers the confidence to drive farther than ever before.”

Based on data from the Department of Energy's Alternative Fuels Data Center, eVgo is the fastest growing provider of fast charging sites. By adding SAE Combo DC fast chargers at California Freedom Station locations as well as Level 2 charging, eVgo, furthers its commitment to support all EV drivers wherever and however they choose to charge.

“Our strategy is to provide a complete solution for electric vehicle drivers,” continued Mr. Banskota. “By offering public, home, workplace, apartment community and on-the-go charging stations in each of our markets, NRG eVgo offers EV drivers total range confidence with cost certainty.”

eVgo is committed to interoperability and its network is capable of reading multiple access cards including single all-access cards, an initiative that gives electric vehicle drivers seamless access to multiple major EV charging networks.

“We are confident the rapidly-expanding eVgo DC Fast Charging network will provide significant benefits to BMW i3 drivers in California,” said Robert Healey, EV Infrastructure Manager, BMW of North America. “The ChargeNow DC Fast program brings us closer to the reality of one card, one account public charging network interoperability.”

With comprehensive EV charging networks in San Diego, Los Angeles, San Francisco, the greater Washington, D.C. area, Dallas and Houston, eVgo public chargers have powered more than 2.1 million electric miles so far. Through the eVgo network, NRG provides access to hundreds of public charging sites across the United States and continues to expand nationally, increasing its footprint in at least 20 new markets.

About NRG eVgo

The NRG eVgo SM network gives electric vehicle (EV) owners new freedom and range confidence via home and workplace charging docks plus a network of fast charging stations conveniently located at retailers along major transportation corridors within eVgo cities. Service plans offered by eVgo can provide EV owners a home charger and unlimited use of eVgo’s Freedom Station® sites – all for one low monthly fee. eVgo is a subsidiary of NRG Energy, Inc., a Fortune 250 company at the forefront of changing how people think about, buy and use energy. Through eVgo, NRG will provide access to hundreds of public charging sites across the United States. To find out more, or to join the eVgo network, visit www.nrgeVgo.com. Connect with eVgo on Facebook and follow us on Twitter @nrgevgo.

Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include NRG’s expectations regarding electric vehicles and its electric vehicle charging network. Forward-looking statements typically can be identified by the use of words such as “expect,” “believe,” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, and our ability to achieve the expected benefits and timing of our electric vehicle projects. NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the Securities and Exchange Commission at www.sec.gov.

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