News

NRG Buys 18 Natural-Gas Power Plants in Bet on Soaring Energy Demand
The roughly $12 billion acquisition would double the company’s generation capacity to about 25 gigawatts.
NRG to Acquire Gas Generation Plants, VPP from LS Power for $12B
The acquisition will double NRG's generation capacity to 25 GW, adding modern, flexible natural gas assets that cannot be replicated'.
Power Engineering1d
NRG Energy doubles generation capacity with natural gas acquisition from LS Power
These facilities, located across nine states, expand NRG’s generation footprint in the Northeast and Texas, where most of its ...
PE Hub1d
LS Power sells $12bn power generation portfolio to NRG; TSG among PE firms picking up gym chains
Highlighting a $12 billion deal involving LS Power Equity Advisors selling a natural gas power and virtual power plant ...
NRG Stock Soars on $12B NatGas Power Plant Fleet Acquisition
The $12 billion deal positions NRG to capitalize on a power-hungry future driven by data centers and grid strain.
Microgrid Knowledge1d
DER Grid Services Manager CPower Energy Acquired by NRG as part of $12B M&A
The deal announced this weekend includes 18 natural gas-fired power plants owned by LS Power across nine states. In addition, ...
NRG Energy Surges As Q1 Crushes Forecasts, LS Power Deal Supercharges Long-Term Outlook
NRG stock soars after beating Q1 2025 expectations and acquiring Premier Power Portfolio, doubling capacity and adding VPP ...
NRG Energy 1Q Profit Climbs on Higher Revenue
Revenue jumped 16% to $8.59 billion, topping analyst forecasts for $7.92 billion, according to FactSet. NRG's retail energy business delivered strong margins and its generation fleet had high ...