secwatch.observer — SEC 8-K summary
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Issuer:     NRG ENERGY, INC. (NRG)
CIK:        0001013871
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001013871-26-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NRG Energy Q4 GAAP net income $66M; full-year adj EPS $8.24, up 21%, exceeds raised guidance
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- GAAP Net Income Q4 $66M ($0.26 basic EPS); full year GAAP Net Income $864M ($4.09 basic EPS).
- Adjusted EPS full year $8.24 vs $6.83 prior year (up 21%); Adjusted EBITDA $4,087M vs $3,789M.
- Completed acquisition of 13 GW of generation assets and CPower from LS Power, doubling generation footprint and expanding demand response.
- Closed Texas Energy Fund loan for Greens Bayou 443 MW CCGT; 1.5 GW across three projects with $1.15Bn low-interest financing; first project online June 2026.
- Returned $1.6B of capital to shareholders in 2025; extended Adjusted EPS growth target of 14%+ through 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013871/000101387126000002/0001013871-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013871/000101387126000002/nrg-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001013871-26-000002

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