UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(AMENDMENT NO. 3)
NRG ENERGY, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
629377508
(CUSIP Number)
MATLINPATTERSON GLOBAL OPPORTUNITIES PARTNERS L.P.
MATLINPATTERSON GLOBAL OPPORTUNITIES PARTNERS (BERMUDA) L.P.
MATLINPATTERSON GLOBAL ADVISERS LLC
MATLINPATTERSON GLOBAL PARTNERS LLC
MATLINPATTERSON ASSET MANAGEMENT LLC
MATLINPATTERSON LLC
MARK R. PATTERSON
DAVID J. MATLIN
(Name of Persons Filing)
ROBERT WEISS
MATLINPATTERSON GLOBAL ADVISERS LLC
520 MADISON AVENUE
NEW YORK, NEW YORK 10022
TELEPHONE: (212) 651-9525
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
December 21, 2004
(Date of Event which Requires Filing of
this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
2
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 629377508 3
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
MATLINPATTERSON GLOBAL OPPORTUNITIES PARTNERS L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: -0-
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 6,307,264
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: -0-
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 6,307,264
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
6,307,264
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 7.2%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: PN
--------------------------------------------------------------------------------
CUSIP No. 629377508 4
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
MATLINPATTERSON GLOBAL OPPORTUNITIES PARTNERS (BERMUDA) L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: BERMUDA
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: -0-
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 2,197,780
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: -0-
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 2,197,780
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
2,197,780
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 2.5%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: PN
--------------------------------------------------------------------------------
CUSIP No. 629377508 5
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
MATLINPATTERSON GLOBAL ADVISERS LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: -0-
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 8,505,044
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: -0-
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 8,505,044
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
8,505,044
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.8%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: IA
--------------------------------------------------------------------------------
CUSIP No. 629377508 6
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
DAVID J. MATLIN
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: -0-
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 8,505,044
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: -0-
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 8,505,044
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
8,505,044
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.8%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: IN
--------------------------------------------------------------------------------
CUSIP No. 629377508 7
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
MARK R. PATTERSON
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: 11,294
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 8,505,044
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: 11,294
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 8,505,044
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
8,516,338
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.8%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: IN
--------------------------------------------------------------------------------
CUSIP No. 629377508 8
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
MATLINPATTERSON GLOBAL PARTNERS LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: -0-
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 8,505,044
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: -0-
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 8,505,044
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
8,505,044
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.8%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: HC
--------------------------------------------------------------------------------
CUSIP No. 629377508 9
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
MATLINPATTERSON ASSET MANAGEMENT LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: -0-
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 8,505,044
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: -0-
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 8,505,044
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
8,505,044
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.8%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: HC
--------------------------------------------------------------------------------
CUSIP No. 629377508 10
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON:
MATLINPATTERSON LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS: AF, WC
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E):
[_]
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION: DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER: -0-
NUMBER OF SHARES
BENEFICIALLY ------------------------------------------------
OWNED BY 8. SHARED VOTING POWER: 8,505,044
EACH
REPORTING ------------------------------------------------
PERSON 9. SOLE DISPOSITIVE POWER: -0-
WITH
------------------------------------------------
10. SHARED DISPOSITIVE POWER: 8,505,044
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
8,505,044
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 9.8%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON: HC
--------------------------------------------------------------------------------
11
EXPLANATORY NOTE
This Amendment No. 3 ("AMENDMENT NO. 3") to Schedule 13D is
filed by the undersigned to amend and supplement the statement on Schedule 13D
originally filed on December 15, 2003 (the "INITIAL STATEMENT") as amended by
Amendment No. 1 to Schedule 13D filed on January 5, 2004 ("AMENDMENT NO. 1") as
amended by Amendment No. 2 to Schedule 13D filed on December 14, 2004
("AMENDMENT NO. 2," and together with Amendment No. 1, the Initial Statement and
this Amendment No. 3, the "STATEMENT") for the purpose of disclosing the sale of
securities by the certain of the Reporting Persons pursuant to the stock
purchase agreement described in this Statement. Unless otherwise indicated, all
capitalized terms shall have the same meaning as provided in the Statement.
ITEM 1. SECURITY AND ISSUER.
No Change.
ITEM 2. IDENTITY AND BACKGROUND.
No Change.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
No Change.
ITEM 4. PURPOSE OF TRANSACTION.
No Change.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of Amendment No. 1 is hereby amended and supplemented
by deleting it in its entirety and replacing it with the following:
(a) As of the date hereof, Matlin Partners (Delaware) and
Matlin Partners (Bermuda) are each a direct beneficial owner of
approximately 6,307,264 and approximately 2,197,780 shares of Common
Stock, respectively, and MatlinPatterson, Matlin Asset Management,
Matlin Advisers, Matlin Global
12
Partners, Mark R. Patterson and David J. Matlin are each an indirect
beneficial owner of approximately 8,505,044 shares of Common Stock. The
approximately 8,505,044 shares of Common Stock represent approximately
9.8% of the Issuer's issued and outstanding shares of Common Stock. The
approximately 6,307,264 shares of Common Stock owned by Matlin Partners
(Delaware) and approximately 2,197,780 shares of Common Stock owned by
Matlin Partners (Bermuda) represent approximately 7.2% and 2.5% of the
Issuer's issued and outstanding shares of Common Stock, respectively.
These percentages take into account the fact that the shares of Common
Stock sold by Matlin Partners (Delaware) and Matlin Partners (Bermuda)
to the Issuer are no longer outstanding as of December 21, 2004. If
such shares of Common Stock were outstanding, these percentages would
be 6.3% and 2.2%, respectively. These numbers do not include 11,294
deferred stock units granted in March 2004 to Mark R. Patterson. These
units converted into 11,294 shares of Common Stock upon Mark R.
Patterson's resignation from the Board of Directors of the Company on
December 21, 2004. Mark R. Patterson has direct beneficial ownership of
these shares of Common Stock.
(i) Matlin Global Partners serves as General
Partner of Matlin Partners (Delaware) and Matlin Partners
(Bermuda). By reason of such relationships, Matlin Global
Partners may be deemed to beneficially own share the shares
beneficially owned by Matlin Partners.
(ii) Matlin Advisers serves as investment advisor
to Matlin Partners. By reason of such relationships, Matlin
Advisers may be deemed to beneficially own the shares
beneficially owned by Matlin Partners.
(iii) Matlin Asset Management is the holder of all
of the membership interests in Matlin Global Partners and
Matlin Advisers. By reason of such relationships, Matlin Asset
Management may be deemed to beneficially own the shares
beneficially owned by Matlin Partners.
(iv) MatlinPatterson is the holder of all of the
membership interests in Matlin Asset Management. By reason of
such relationship, MatlinPatterson may be deemed to
beneficially own the shares beneficially owned by Matlin
Partners.
(v) Mark R. Patterson and David J. Matlin are
the holders of all of the membership interests in
MatlinPatterson. By reason of such relationships, each of Mark
Patterson and David Matlin may be deemed to share voting and
dispositive power over the shares beneficially owned by Matlin
Partners.
(b) Matlin Partners (Delaware) and Matlin Partners
(Bermuda) have shared power to vote and shared dispositive power of
6,307,264 shares of Common Stock and 2,197,780 shares of Common Stock,
respectively. MatlinPatterson, Matlin Asset Management, Matlin
Advisers, Matlin Global Partners, Mark R. Patterson and David J. Matlin
each have shared power to vote
13
and shared dispositive power of 8,505,044 shares of Common Stock. Mark
R. Patterson has the sole power to vote and sole dispositive power of
11,294 shares of Common Stock.
(c) On December 20, 2004, Matlin Partners (Delaware) sold
9,640,683 shares of Common Stock to the Issuer and Matlin Partners
(Bermuda) sold 3,359,317 shares of Common Stock to the Issuer, for a
purchase price of $31.16 per share, pursuant to the Stock Purchase
Agreement. Reference is made to the Stock Purchase Agreement filed as
Exhibit 6 to Amendment No. 2, which is incorporated herein by
reference.
(d) To the best knowledge of MatlinPatterson, Matlin
Asset Management, Matlin Advisers and Matlin Global Partners with
respect to the directors and executive officers named in this
Statement, none of the persons (i) beneficially owns any shares of
Common Stock (other than in his or her capacity as a controlling
member, executive officer or director of such corporation or limited
liability company) or (ii) has the right to acquire any Common Stock
owned by other parties.
(e) The filing of this Statement shall not be construed
as an admission by any of the Reporting Persons that it is, for
purposes of Section 13(d) of the Exchange Act, the beneficial owner of
shares of Common Stock owned by other parties.
(f) Except as reported in this Statement, no other person
is known to any of the Reporting Persons to have the right to receive
or the power to direct the receipt of dividends from, or proceeds from
the sale of, any shares of the Common Stock held by the Reporting
Persons.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO THE COMMON STOCK OF THE ISSUER.
No Change.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
No Change.
14
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: December 23, 2004
MATLINPATTERSON LLC
By: /s/ Mark R. Patterson
--------------------------------
Name: Mark R. Patterson
Title: Member
MATLINPATTERSON ASSET MANAGEMENT LLC
By: /s/ Mark R. Patterson
--------------------------------
Name: Mark R. Patterson
Title: Chairman
MATLINPATTERSON GLOBAL ADVISERS LLC
By: /s/ Mark R. Patterson
--------------------------------
Name: Mark R. Patterson
Title: Chairman
MATLINPATTERSON GLOBAL PARTNERS LLC
By: /s/ Mark R. Patterson
--------------------------------
Name: Mark R. Patterson
Title: Chairman
15
MATLINPATTERSON GLOBAL
OPPORTUNITIES PARTNERS L.P.
By: MatlinPatterson Global
Partners LLC
By: /s/ Mark R. Patterson
--------------------------------
Name: Mark R. Patterson
Title: Director
MATLINPATTERSON GLOBAL OPPORTUNITIES
PARTNERS (BERMUDA) L.P.
By: MatlinPatterson Global
Partners LLC
By: /s/ Mark R. Patterson
--------------------------------
Name: Mark R. Patterson
Title: Director
DAVID J. MATLIN
By: /s/ David J. Matlin
--------------------------------
David J. Matlin
MARK R. PATTERSON
By: /s/ Mark R. Patterson
--------------------------------
Name: Mark R. Patterson