31 May '12, 10pm

NRG says $102 million EV station plan will create $185 million in spending

NRG INVESTMENT IN CALIFORNIA EV CHARGING STATIONS TO CREATE MORE THAN 1,500 LOCAL JOBS --Benefits to California to flow once agreement is finalized-- PRINCETON, N.J., May 29, 2012--The planned $102.5 million investment by NRG Energy, Inc. (NYSE: NRG) to build electric vehicle (EV) charging infrastructure in California will create more than 1,500 jobs in the Los Angeles Basin, San Francisco Bay Area, San Joaquin Valley and San Diego County regions, according to a study by Solution Mountain commissioned by NRG. The study found that NRG's initial $102.5 million investment will create a gross output of more than $185 million when the employment and procurement of goods and services are factored together, equating to an additional $83.3 million in indirect economic activity by 2016. Click here to download a PDF of the full report. "We are excited to be both helping to build out...

Full article: http://green.autoblog.com/2012/05/31/nrg-says-102-million...

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