NRG Energy is set to build a new 455-MW Gas-Fired Plant near Houston, following the Federal Energy Regulatory Commission's (FERC) approval for the purchase of 19 GW from LS Power, a move that has tremendously boosted the company's gas assets. FERC also approved NRG's major $12 billion LS Power portfolio acquisition, contributing to a transformative stride for the company. Over the last year, the company's insider holdings have reportedly decreased by 50%. In tandem with these acquisitions, NRG has secured an additional $370 million loan from the Texas Energy Fund for the construction of a power plant in northeast Houston.
There has been a significant reshuffling of NRG stock holdings with Franklin Resources, Brandywine Global Investment Management, AXQ Capital and several other entities altering their stakes. The firm’s stock has also seen unusually high options volume. The company announced robust Q3 earnings and initiated a new share buyback, indicating strong financial performance. NRG is arousing investor interest, reaffirming its 2025 financial guidance and initiating 2026 standalone guidance while backing annual earnings in line with views.
Nrg Energy NRG News Analytics from Wed, 14 May 2025 07:00:00 GMT to Sat, 22 Nov 2025 12:57:14 GMT - Rating 8 - Innovation 4 - Information 9 - Rumor 5
