NRG Energy (NRG) Expands Portfolio With LS Power Asset Acquisition

NRG Energy, Inc. (NYSE:NRG) ranks among billionaire David Tepper’s 10 favorite stocks. On January 30, NRG Energy, Inc. (NYSE:NRG) finalized the purchase of several generation assets and CPower from LS Power. The arrangement expands NRG’s lineup with 18 natural gas-powered generation facilities totaling about 13 GW of capacity, in addition to CPower’s commercial and industrial virtual power plant system. Following the deal, NRG Energy, Inc. (NYSE:NRG) revised its 2026 financial outlook to include adjusted ...