NRG Energy Misses Quarterly Profit Estimates as Interest Costs Rise

By Dharna Bafna Aug 4 (Reuters) – Power producer NRG ​Energy (NRG.N) missed Wall Street estimates for second-quarter profit on ‌Tuesday, weighed down by higher interest expense and costs related to assets acquired from LS Power, sending its shares down 10% in morning trading. Higher-for-longer ​interest rates have put pressure on power companies by ​raising … Read more