---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-075006"
form_type: "8-K"
ticker: "NRG"
cik: "0001013871"
company_name: "NRG ENERGY, INC."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T15:56:19.329112+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NRG extends receivables facility to June 2024, ups capacity to $1.4B

## Summary
- Increased aggregate commitments under receivables securitization facility from $1B to $1.4B.
- Scheduled termination date extended by one year to June 21, 2024.
- Added Direct Energy Business Marketing, LLC as a new originator to the facility.
- Repurchase facility also renewed with maturity extended to June 21, 2024.

## SEC filing metadata
- accession: 0001104659-23-075006
- form_type: 8-K
- ticker: NRG
- cik: 0001013871
- company_name: NRG ENERGY, INC.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013871/000110465923075006/0001104659-23-075006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013871/000110465923075006/tm2319728d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-075006
- JSON: https://secwatch.observer/filing/0001104659-23-075006.json
- Plain text: https://secwatch.observer/filing/0001104659-23-075006.txt

## Key facts
- Debt Financings
  NRG ENERGY, INC. amended credit facility of up to $1.4 billion outstanding (adjusted seasonally) with Royal Bank of Canada, as administrative agent maturing June 21, 2024.
  - Instrument: credit facility
  - Principal: up to $1.4 billion outstanding (adjusted seasonally)
  - Counterparty: Royal Bank of Canada, as administrative agent
  - Maturity: June 21, 2024
  - Event: amendment
  source text: On June 22, 2023, NRG Receivables LLC (“NRG Receivables”), an indirect wholly-owned subsidiary of NRG Energy, Inc. (the “Company”), amended its accounts receivable securitized borrowing facility (the “Receivables Facility”) to, among other things, (i) extend the scheduled termination date by one year, (ii) increase the aggregate commitments from $1 billion to $1.4 billion and (iii) add a new originator.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465923075006/0001104659-23-075006-index.htm
- Debt Financings
  NRG ENERGY, INC. amended credit facility maturing June 21, 2024.
  - Instrument: credit facility
  - Maturity: June 21, 2024
  - Event: amendment
  source text: In addition, in connection with the amendments to the Receivables Facility, NRG Retail and the Originators renewed the existing repurchase facility (the “Repurchase Facility”) that provides short-term financing secured by a subordinated note issued by NRG Receivables. Such renewal, among other things, extends the maturity date to June 21, 2024 and joins the Additional Originator to the Repurchase Facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465923075006/0001104659-23-075006-index.htm
- Material Agreements
  NRG ENERGY, INC. amended Joinder Agreement to the Receivables Sale Agreement with Direct Energy Business Marketing, LLC (effective 2023-06-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Direct Energy Business Marketing, LLC
  - Effective: 2023-06-22
  source text: Direct Energy Business Marketing, LLC (in its capacity as additional originator, the “Additional Originator”) entered into a Joinder Agreement (the “Joinder Agreement”) to join as Additional Originator to the Receivables Sale Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465923075006/0001104659-23-075006-index.htm
- Material Agreements
  NRG ENERGY, INC. amended Amendment No. 3 to the Receivables Loan and Servicing Agreement with Royal Bank of Canada, as administrative agent, and the conduit lenders, committed lenders, LC Issuers and facility agents described therein valued at $1.4 billion (effective 2023-06-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Royal Bank of Canada, as administrative agent, and the conduit lenders, committed lenders, LC Issuers and facility agents described therein
  - Value: $1.4 billion
  - Effective: 2023-06-22
  source text: NRG Receivables, as borrower, NRG Retail, LLC (“NRG Retail”), as servicer, the Company, as performance guarantor, Royal Bank of Canada, as administrative agent, and the conduit lenders, committed lenders, LC Issuers and facility agents described therein entered into Amendment No. 3 (the “Receivables Loan Agreement Amendment”) to the Receivables Loan and Servicing Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465923075006/0001104659-23-075006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.