Core Insights - NRG Energy is leveraging the growing demand for electricity from data centers by securing new power supply agreements and investing in infrastructure to meet this demand [1][5] - The U.S. data center market is projected to grow significantly, reaching a size of $308.83 billion by 2030, with a compound annual growth rate (CAGR) of 6.78% [1] Partnerships and Agreements - NRG Energy is forming partnerships with major technology companies and data center operators to ensure a reliable energy supply tailored to the industry's needs [2] - The company has signed Letters of Intent and project development agreements with developers like PowLan and Menlo Equities, targeting an initial supply of 400 megawatts (MW), scalable to 6.5 gigawatts (GW) by 2026 [3][9] Infrastructure Investments - NRG Energy has dedicated teams for engineering, construction, and offtake structuring to implement its data center strategy [4] - The company has increased its order for gas turbines from GE Vernova Inc. from 1.2 GW to 2.4 GW to support the energy needs of the data center and AI industries [4][9] Market Performance - NRG Energy's stock has increased by 4.3% over the past month, outperforming the industry, which saw a decline of 0.2% [8] - The company is trading at a premium with a forward 12-month price-to-earnings ratio of 18.92X compared to the industry average of 14.59X [11] Earnings Estimates - The Zacks Consensus Estimate indicates an increase in NRG Energy's earnings per share (EPS) of 17.02% for 2025 and 21.69% for 2026 [12] - Current estimates for EPS are 1.07 for the current quarter and 2.56 for the next quarter, with a projected growth of 38.38% for the next quarter [13]