Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2011

Debt and Capital Leases [Line Items]

Long-term debt and capital leases consisted of the following:



	September 30, 2011		December 31, 2010		Interest rate ^(a)
	(In millions, except rates)
NRG Recourse Debt:
Senior notes, due 2021	$	1,200	$	—	7.875
Senior notes, due 2020	1,100		1,100		8.250
Senior notes, due 2019	800		—		7.625
Senior notes, due 2019	691		690		8.500
Senior notes, due 2018	1,200		—		7.625
Senior notes, due 2017	1,090		1,100		7.375
Senior notes, due 2016	—		2,400		7.375
Senior notes, due 2014	—		1,205		7.250
Term loan facility, due 2018	1,592		—		L+3.00
Term loan facility, due 2013 - 2015 ^(b)	—		1,759		L+1.75 - L+3.25
Indian River Power LLC, tax-exempt bonds, due 2040	57		1		6.000
Indian River Power LLC, tax-exempt bonds, due 2045	126		66		5.375
Dunkirk Power LLC, tax-exempt bonds, due 2042	59		59		5.875
Subtotal NRG Recourse Debt	7,915		8,380

NRG Non-Recourse Debt:
NRG Peaker Finance Co. LLC, bonds, due 2019	$	210	$	206	L+1.07
NRG Energy Center Minneapolis LLC, senior secured notes, due 2013, 2017, and 2025	153		163		5.95 - 7.31
Ivanpah Financing:
Solar Partners I, due 2014 and 2033	210		—		1.126 - 3.991
Solar Partners II, due 2014 and 2038	221		—		1.116 - 4.195
Solar Partners VIII, due 2014 and 2038	195		—		1.381 - 4.256
Agua Caliente Solar, LLC	108		—		2.915 - 3.256
NRG Connecticut Peaking Development LLC, equity bridge loan facility, due 2011	—		61		L+2
NINA TANE facility	—		144		L+2
NINA Shaw facility	—		23		L+6
South Trent Wind LLC, financing agreement, due 2020	76		78		L+2.5
NRG Solar Blythe LLC, credit agreement, due 2028	28		29		L+2.5
NRG Roadrunner LLC	46		—		L+2.01
Other	23		20		various
Subtotal NRG Non-Recourse Debt	1,270		724

Subtotal long-term debt	9,185		9,104
Capital leases:
Saale Energie GmbH, Schkopau capital lease, due 2021	104		107
Subtotal	9,289		9,211
Less current maturities	81		463
Total long-term debt and capital leases	$	9,208	$	8,748
Funded letter of credit ^(b)	$	—	$	1,300	L+1.75 - L+3.25

(a) L+ equals LIBOR plus x%.

(b) On July 1, 2011, the Term loan facility, due 2013-2015 and Funded letter of credit were repaid and replaced, as described below under Senior Credit Facility.

7.625% Senior notes, due 2019

Debt and Capital Leases [Line Items]

Notes redemption period and redemption prices as percentage of principal amount

NRG may redeem some or all of the notes at redemption prices expressed as percentages of principal amount as set forth in the following table, plus accrued and unpaid interest on the notes redeemed to the first applicable redemption date:



Redemption Period	Redemption Percentage
May 15, 2014 to May 14, 2015	103.813%
May 15, 2015 to May 14, 2016	101.906%
May 15, 2016 and thereafter	100.000%

7.875% Senior notes, due 2021

Debt and Capital Leases [Line Items]

Notes redemption period and redemption prices as percentage of principal amount

In addition, on or after May 15, 2016, NRG may redeem some or all of the notes at redemption prices expressed as percentages of principal amount as set forth in the following table, plus accrued and unpaid interest on the notes redeemed to the first applicable redemption date:



Redemption Period	Redemption Percentage
May 15, 2016 to May 14, 2017	103.938%
May 15, 2017 to May 14, 2018	102.625%
May 15, 2018 to May 14, 2019	101.313%
May 15, 2019 and thereafter	100.000%

Ivanpah Solar Electric Generating System

Debt and Capital Leases [Line Items]

Borrowings under FFB Credit Agreement for Ivanpah

The following table reflects the borrowings under the Ivanpah Credit Agreement as of September 30, 2011:



	Maximum borrowings available under Ivanpah Credit Agreement		Amounts borrowed		Weighted average interest rate on amounts borrowed
	(In millions, except rates)
Solar Partners I, due June 27, 2014 ^(a)	$	159	$	153	1.678	%
Solar Partners I, due June 27, 2033	392		57		3.641	%
Solar Partners II, due February 27, 2014 ^(a)	132		129		1.609	%
Solar Partners II, due February 27, 2038	387		92		3.925	%
Solar Partners VIII, due October 27, 2014 ^(a)	117		111		1.996	%
Solar Partners VIII, due October 27, 2038	440		84		4.021	%
	$	1,627	$	626

(a) The cash portion of the loan is fully drawn; additional amounts will be utilized for capitalized interest.