GenOn Completes Reorganization and Emerges from Chapter 11 with New Management Team and Board of Directors

Houston; December 14, 2018 – Effective today, GenOn Energy, Inc. (GenOn) has successfully concluded a reorganization of substantially all of its businesses. GenOn’s reorganization, initiated with a Chapter 11 filing on June 14, 2017, included a separate reorganization of its wholly owned subsidiary NRG REMA LLC (REMA), which began in October 2018, and concluded today with the simultaneous emergence of GenOn and REMA.

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GenOn Announces NRG REMA LLC's Petition Filing for Its Prepackaged Reorganization Plan

DALLAS, TX--October 16, 2018--GenOn Energy, Inc. (“GenOn”) announced today that NRG REMA LLC (an indirect subsidiary of GenOn) and its direct subsidiaries (collectively “REMA”) filed petitions seeking chapter 11 protection in the United States Bankruptcy Court for the Southern District of Texas in an effort to implement the previously announced prepackaged chapter 11 plan of reorganization (the “Plan”).

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Kateryna Bilyk