NRG Yield Operating LLC, a Subsidiary of NRG Yield, Inc., Announces Termination of Consent Solicitation for its 5.375% Senior Notes due 2024 and 5.000% Senior Notes due 2026

PRINCETON, N.J.–(BUSINESS WIRE)–NRG Yield Operating LLC (“Yield Operating LLC” or the “Company”), a
subsidiary of NRG Yield, Inc. (NYSE: NYLD, NYLD.A) (“NRG Yield”),
announced today that it has terminated its previously announced
solicitation of consents (the “Consent Solicitation”) from holders (the
“Holders”) of its outstanding 5.375% Senior Notes due 2024 (the “2024
Notes”) and 5.000% Senior Notes due 2026 (the “2026 Notes and, together
with the 2024 Notes, the “Notes”) to effect certain amendments to the
indentures governing the Notes (the “Indentures”).

As a result of the termination, no consent payments will be paid or
become payable to Holders of Notes who have delivered consents. All
consents previously delivered and not validly revoked will be of no
effect, and the Indentures governing the Notes will remain in their
present forms, without effecting the proposed amendments.

Questions or requests for assistance related to the termination of the
Consent Solicitation may be directed to D.F. King & Co., Inc. at (212)
269-5550 (banks and brokers) and (800) 628-8510 (all others, toll free).

This press release is for informational purposes only. This press
release does not constitute a solicitation of consents in relation to
any Notes in any jurisdiction in which, or to or from any person to or
from whom, it is unlawful to make such solicitation under applicable
federal securities or blue sky laws. This press release does not
constitute an offer to sell or the solicitation of an offer to buy any
of the securities described or otherwise referred to in this press
release.

About NRG Yield

NRG Yield owns a diversified portfolio of contracted renewable and
conventional generation and thermal infrastructure assets in the United
States, including fossil fuel, solar and wind power generation
facilities that have the capacity to support more than two million
American homes and businesses. NRG Yield’s thermal infrastructure assets
provide steam, hot and/or chilled water, and in some instances
electricity, to commercial businesses, universities, hospitals and
governmental units in multiple locations. NRG Yield’s Class C and Class
A common stock are traded on the New York Stock Exchange under the
symbols NYLD and NYLD.A, respectively.

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Forward-looking statements are
subject to certain risks, uncertainties and assumptions and typically
can be identified by the use of words such as “expect,” “estimate,”
“should,” “anticipate,” “forecast,” “plan,” “guidance,” “believe” and
similar terms. Such forward-looking statements include, but are not
limited to, statements regarding the satisfaction of the conditions to
the NRG Yield’s consent to the sale by NRG of its interests in the
Company, the Company’s future revenues, income, indebtedness, capital
structure, strategy, plans, expectations, objectives, projected
financial performance and/or business results and other future events,
and views of economic and market conditions.

Although NRG Yield believes that the expectations are reasonable, it can
give no assurance that these expectations will prove to be correct, and
actual results may vary materially. Factors that could cause actual
results to differ materially from those contemplated above include,
among others, general economic conditions, hazards customary in the
power industry, weather conditions, including wind and solar
performance, competition in wholesale power markets, the volatility of
energy and fuel prices, failure of customers to perform under contracts,
changes in the wholesale power markets, changes in government
regulations, the condition of capital markets generally, NRG Yield’s
ability to access capital markets, cyber terrorism and inadequate
cybersecurity, the ability to engage in successful mergers and
acquisitions activity, potential risks as a result of NRG’s sale of its
ownership interest in NRG Yield, including the inability to meet certain
deadlines, failure of the conditions to be met, unanticipated
liabilities in connection with the sale or the reaction of customer,
partners or lenders to the transaction, unanticipated outages at NRG
Yield’s generation facilities, adverse results in current and future
litigation, failure to identify, execute or successfully implement
acquisitions (including receipt of third party consents and regulatory
approvals), NRG Yield’s ability to enter into new contracts as existing
contracts expire, NRG Yield’s ability to acquire assets from NRG or
third parties, NRG Yield’s ability to close drop down transactions, and
NRG Yield’s ability to maintain and grow its quarterly dividends.

NRG Yield undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law. The foregoing
review of factors that could cause NRG Yield’s actual results to differ
materially from those contemplated in the forward-looking statements
included in this press release should be considered in connection with
information regarding risks and uncertainties that may affect NRG
Yield’s future results included in NRG Yield’s filings, or the filings
of Yield Operating LLC or NRG Yield LLC, with the Securities and
Exchange Commission at www.sec.gov.

Contacts

For NRG Yield
Media:
Marijke Shugrue,
609-524-5262
or
Investors:
Kevin L. Cole, CFA,
609-524-4526
or
Lindsey Puchyr, 609-524-4527