# GenOn Energy

> GenOn is a Houston-based independent power producer serving U.S. wholesale electricity markets. Its current public locations table lists 1,765 MW across Ellwood, Ormond Beach and Morgantown. Formed through the 2010 Mirant-RRI merger, it joined NRG in 2012 and emerged from restructuring as a standalone business in 2018. Its history illustrates the economics of operating, retiring and repurposing conventional generation.

- **Founded:** 2010
- **Headquarters:** Houston, United States
- **Products:** Wholesale electricity generation, Generation capacity and availability, Power plant operations and commercial management
- **Notable:** Created by the December 2010 combination of Mirant and RRI Energy., Completed standalone emergence from Chapter 11 on December 14, 2018., Reported closing or announcing $1.2 billion of asset sales through its reorganization.

## Products & services

- **Wholesale electricity generation** — Conventional generation sold into U.S. wholesale power markets; the published fleet includes gas-fired Ellwood and Ormond Beach and oil-fired Morgantown.
- **Generation capacity and availability** — Power assets participate in regional market and reliability arrangements subject to qualification, contracts and market rules.
- **Power plant operations and commercial management** — Operation, maintenance and commercial optimization of generating assets; management experience includes power trading, origination and environmental products. This is an operating capability, not a verified third-party consulting product.

## Achievements

- Created by the December 2010 combination of Mirant and RRI Energy.
- Completed standalone emergence from Chapter 11 on December 14, 2018.
- Reported closing or announcing $1.2 billion of asset sales through its reorganization.
- Currently publishes a three-plant, 1,765 MW locations table.

## Latest updates

- **2026-08** — TeraWulf’s second-quarter disclosure reported July 29 FERC authorization for the pending Morgantown acquisition; remaining closing conditions and required approvals still applied. Initial data center operations were contemplated for 2030.
- **2026-05** — Oxnard’s proposed FY2026-27 budget described an Ormond Beach park agreement with GenOn worth up to $10 million and an approximately $4.19 million fund balance as of May 1, 2025.
- **2026-02** — TeraWulf announced its agreement to acquire the Morgantown generating station, describing approximately 210 MW of operational capacity.

## Links

- Website: https://www.genon.com
- LinkedIn: https://www.linkedin.com/company/genon-energy

---

Profile page: https://yespress.io/genon-energy
Published by YesPress — https://yespress.io
Last updated: 2026-10-22