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Non-Tech : NRGG NRG GENERATING BB 2b NMS

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To: Eric Hovdesven who wrote (14)	1/23/1997 2:35:00 AM
From: Craig Gantner	of 27

Hi Eric, you still with me ?? Nice litle jump in NRGG today and good volume too... Copied this from the earnings anouncement from NSP: nspco.com "These results reflect our commitment to achieve annual earnings per share growth of five percent on average," said James J. Howard, NSP chairman, president and CEO. "NRG Energy, Inc., our largest non-regulated subsidiary, added a number of projects to its portfolio in 1996 and increased its contribution to ongoing earnings by five cents per share. NRG's goal is to contribute at least 20 percent of NSP's earnings by the year 2000." At $280 mil net income for 1996, that means they expect NRG Inc to contribute AT LEAST $68 mill/year by 2000. Keep in mind that all business in the US will be done by NRGG.

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