NRG Buying LS Power Gas-Fired Plants in $12-Billion Deal
NRG Energy announced it would acquire 18 natural gas-fired power plants with 13 GW of generation capacity as part of a $12-billion cash-and-stock deal with LS Power.
Houston, Texas-based NRG on May 12 said the deal, expected to close in the first quarter of 2026, would double the group’s overall generation capacity portfolio to 25 GW. The gas-fired plants are located in the U.S. Northeast and Texas, the company said Monday.
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