Data Center Growth Lifts NRG’s Texas Outlook and 2026 Profit Targets

Core Insights - NRG Energy, Inc. is recognized as one of the 20 Best Performing Dividend Stocks in 2025 [1] - The company is strategically positioned to benefit from the increasing electricity demand in Texas, particularly driven by data centers [2] Financial Performance - NRG expects standalone core profit for full-year 2026 to be between $3.93 billion and $4.18 billion, exceeding the revised 2025 guidance of $3.88 billion to $4.03 billion [3] - The adjusted core profit in NRG's Texas business increased by 38% year over year to $807 million [5] Strategic Developments - NRG secured a $562 million low-interest loan to support the construction of the 689 MW Cedar Bayou power plant, with financing extending from September 2025 to 2028 [4] - The company expanded its data center agreements to a total of 445 MW across ERCOT and PJM markets, with new facilities expected to come online between 2028 and 2032 [4] Capital Returns - NRG's board approved a $3 billion share buyback program through 2028 and authorized an 8% increase in dividends to $1.90 per share, aligning with a long-term growth target of 7%–9% [5]