NRG Energy Secures Loans for Texas Facilities

NRG Energy ( (NRG) ) has issued an announcement.

On May 12, 2025, NRG Energy, Inc. entered into a Purchase and Sale Agreement to acquire a portfolio of generation assets, including 13 GW of natural gas-fired facilities and a 6 GW virtual power plant platform from LS Power affiliates. This acquisition is expected to contribute approximately $1,600 million to NRG’s consolidated Adjusted EBITDA, with anticipated revenue enhancements of $800 million within 18 months. Additionally, NRG announced offerings of senior secured and unsecured notes to fund the acquisition and repay existing debt. The company also secured a $216 million loan from the Public Utility Commission of Texas for its T.H. Wharton facility and plans a $562 million loan for its Cedar Bayou facility, both under the Texas Energy Fund.

The most recent analyst rating on (NRG) stock is a Buy with a $212.00 price target. To see the full list of analyst forecasts on NRG Energy stock, see the NRG Stock Forecast page.

Spark’s Take on NRG Stock

According to Spark, TipRanks’ AI Analyst, NRG is a Neutral.

NRG Energy’s overall stock score reflects a mixed financial performance with strong revenue growth but declining profitability and high leverage. Technical indicators suggest bearish momentum, while valuation metrics indicate potential overvaluation. The positive sentiment from the earnings call, with strategic initiatives and strong EPS growth, provides some optimism.

To see Spark’s full report on NRG stock, click here.

More about NRG Energy

NRG Energy, Inc. is a leading energy company in North America, providing innovative solutions in natural gas, electricity, and smart home services to a diverse range of customers.

Average Trading Volume: 2,771,212

Technical Sentiment Signal: Buy

Current Market Cap: $32.03B

For a thorough assessment of NRG stock, go to TipRanks’ Stock Analysis page.