Will NRG's Acquisition and Capital Expenditure Set New Growth Path?

Key Takeaways NRG's $12B LS Power deal boosts its capacity to over 25 GW, expanding reach in Texas and the Northeast. NRG plans $1.3B annual capex through 2029 to modernize assets and advance grid reliability technologies. NRG targets $3.7B debt reduction to strengthen balance sheet and aims to achieve net-zero emissions by 2050.NRG Energy’s (NRG) recent $12 billion acquisition of LS Power’s 12.9 gigawatts (GW) natural gas portfolio marks a transformative step in its evolution from a primarily retail-focu ...