NRG Energy finalises 13GW power asset deal with LS Power

NRG Energy has finalised the acquisition of a portfolio from LS Power comprising 18 earthy gas-fired procreation facilities with a combined capableness of astir 13GW, arsenic good arsenic CPower’s commercialized and concern virtual powerfulness works (VPP) platform.

In May 2025, NRG entered a definitive statement to get LS Power Equity Advisors’ earthy state procreation facilities and the C&I VPP level portfolio.

The transaction includes a currency and communal banal woody valued astatine astir $12bn.

The endeavor worth of the transaction comprises $6.4bn successful currency consideration, $2.8bn successful banal information to LS Power, $3.2bn of nett indebtedness assumed astatine closing and astir $400m of the nett contiguous worth of taxation benefits generated by the transaction.

This transaction doubles NRG’s full procreation fleet to astir 25GW and increases its beingness successful halfway US energy markets.

The recently acquired assets see quick-start facilities successful the north-east and Texas, on with VPP capabilities that heighten NRG’s capableness to negociate request effect for commercialized and concern clients.

The institution completed the woody aft securing each indispensable regulatory approvals.

The US Department of Justice granted anti-trust clearance connected 23 January. Earlier authorisations were received from the Federal Energy Regulatory Commission and the New York State Public Service Commission.

NRG stated that this expanded level volition enactment vigor proviso and flexible request solutions for residential, commercialized and large-load customers amid ongoing maturation successful vigor consumption.

NRG seat and CEO Larry Coben said: “Today, we are doubling down connected powerfulness procreation to respond to the unthinkable powerfulness request supercycle.

“This transaction builds connected our starring level and enables NRG to connection an ever-broader scope of affordable, resilient solutions for customers of each sizes, from information centres to households. We are putting standard and reliability to enactment to present for the 8 cardinal customers we service each day.”

With the integration of these caller assets, NRG aims to heighten affordability and grid reliability done its diversified proviso strategy and expanded operational footprint.

"NRG Energy finalises 13GW powerfulness plus woody with LS Power" was primitively created and published by Power Technology, a GlobalData owned brand.

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