NRG Energy, in partnership with GE Vernova and Kiewit, plans to build new gas-fired power plants in a move to ensure sustainable supply to Texas data centers. Impressively, NRG Energy has reported record growth in its earnings, with Q4 profits surpassing estimates due largely to higher power demand. Particularly notable is NRG's upcoming 5GW expansion to meet the increasing power demands of the AI industry. Despite fluctuations in stock performance compared with competitors, the company's strategic ventures and robust growth strategy have boosted share prices to an all-time high of $115.9. The anticipated earnings per share (EPS) aim for a compounded annual growth rate (CAGR) of 10% through 2029. A key element of NRG Energy's growth plan is the establishment of joint ventures for electricity supply projects. In addition to their energy interests, NRG Energy has become an official supporter of the 2026 FIFA World Cup in Houston.
Nrg Energy NRG News Analytics from Wed, 25 Sep 2024 07:00:00 GMT to Sat, 01 Mar 2025 03:43:14 GMT -
