About Texas Genco
Texas Genco is an Energy & Utilities company based in Houston (United States) founded in 2018, and was acquired by NRG Energy in October 2005. Wholesale electric power is generated by Texas Genco. Its chief executive, as recorded, is Jack Fusco. Its focus areas include Energy and Non- Renewable Power Generation.
Company details
Texas Genco was founded in 2018 and is located in Houston, United States. Operations are centered on the energy sector, where wholesale electric power is generated and supplied. The company focuses on power production for distribution to utilities and large consumers. Leadership is held by CEO Jack Fusco. Activities are conducted within the U.S. electricity market, supporting regional grid needs without retail involvement.
- Headquarters Houston, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website txgenco.com
- Acquired by NRG Energy (Oct 2005)
- InvestorsKKR
& 4 more
- Acquired by
Investors in Texas Genco
Texas Genco has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include KKR, NRG Energy and Blackstone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Private equity firm focused on acquisitions | hf.com | San Francisco, United States | ||
Energy generation and storage are managed on a large scale. | 1989 | nrg.com | Princeton, United States |
Investor details for Texas Genco
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People of Texas Genco
1 people are tracked at Texas Genco (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jack Fusco | CEO | Leadership |
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Timeline of Texas Genco
3 dated milestones of Texas Genco across 14 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Blackstone.
- Exit Acquired by NRG Energy.
- Founded Texas Genco is founded.
Top companies in Non-Renewable Power Generation
3 companies that operate in the same segment as Texas Genco (Non-Renewable Power Generation) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Producer of natural gas | 2009 | Durham, North Carolina, United States | USD 50.4 M | 68 | ||
Electricity is generated from natural gas and geothermal resources. | 1984 | Houston, Texas, United States | USD 10.07 B | 162 | ||
Electricity generation and distribution services are provided nationwide. | 2015 | Allentown, Pennsylvania, United States | USD 1.38 B | USD 2.52 B | 1,890 |
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Frequently Asked Questions about Texas Genco
Texas Genco was founded in 2018.
Texas Genco is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Jack Fusco is the CEO of Texas Genco, as recorded in our data.
Texas Genco was founded in 2018 and is located in Houston, United States. Operations are centered on the energy sector, where wholesale electric power is generated and supplied. The company focuses on power production for distribution to utilities and large consumers. Leadership is held by CEO Jack Fusco. Activities are conducted within the U.S. electricity market, supporting regional grid needs without retail involvement.
Texas Genco has 5 investors. Key investors include KKR, NRG Energy, Blackstone, TPG, and Hellman & Friedman.
Yes. Texas Genco was acquired by NRG Energy in October 2005.