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Evening Update: NRG Energy IPO Priced Below Range at $15 a Share

 

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  • Salomon Smith Barney priced 28.17 million shares of NRG Energy (NRG Quote) at $15 a share, below the estimated $16 to $18 range. The company is a wholly owned unit of Northern States Power (NSP Quote), one of the largest independent power generators in the U.S.

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