NRG Energy acquiring power assets from LS Power for $12 billion, doubling generation capacity.

From Yahoo Finance: 2025-05-12 07:08:00

NRG Energy is set to acquire power generation assets from LS Power for $12 billion, aiming to capitalize on the growing demand for electricity in the U.S. The deal will double NRG’s generation capacity to 25 GW, with a focus on key markets in the Northeast and Texas, as well as expanding into the PJM market. The company expects to see a rise in earnings and plans to reduce debt after the deal closes in 2026.



Read more at Yahoo Finance: NRG Energy shares hit all-time high on $12 billion power assets deal