{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-095650","form_type":"8-K","ticker":"NRG","cik":"0001013871","company_name":"NRG ENERGY, INC.","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.528870+00:00","generated_at":"2026-05-17T05:01:39.614313+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NRG subsidiary enters $561.9M credit agreement with Texas PUC for 721 MW gas plant","bullets":["Principal amount up to $561.9M at 3.00% interest, maturing Sept 26, 2045.","Proceeds to finance ~60% of eligible costs for 721 MW gas-fired combined-cycle plant in Texas (ERCOT).","Interest paid in kind (capitalized) until commercial operation; final maturity 2045.","NRG guarantees subsidiary's obligations under the credit agreement.","Event of default if commercial operation not achieved by Dec 1, 2028."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-095650","json":"https://secwatch.observer/filing/0001104659-25-095650.json","markdown":"https://secwatch.observer/filing/0001104659-25-095650.md","text":"https://secwatch.observer/filing/0001104659-25-095650.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013871/000110465925095650/0001104659-25-095650-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013871/000110465925095650/tm2527739d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:01:39.614313+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a92de3340697df520198157881d9fc72d5ed678c","claim":"NRG ENERGY, INC. incurred credit facility of up to $561,901,530 with Wilmington Trust, National Association, as administrative agent and as collateral agent; Public Utility Commission of Texas, as lender at 3.00% maturing September 26, 2045.","evidence_excerpt":"On September 26, 2025, NRG Cedar Bayou 5 LLC, a Delaware limited liability company (the “Borrower”) and an indirect wholly-owned subsidiary of NRG Energy, Inc. (the “Company”), entered into a credit agreement providing for an aggregate principal amount of up to $561,901,530 (the “Credit Agreement”) with Wilmington Trust, National Association, as administrative agent and as collateral agent (the “Agent”), and the Public Utility Commission of Texas, as lender (the “Lender”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013871/000110465925095650/0001104659-25-095650-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $561,901,530"},{"label":"Counterparty","value":"Wilmington Trust, National Association, as administrative agent and as collateral agent; Public Utility Commission of Texas, as lender"},{"label":"Rate","value":"3.00%"},{"label":"Maturity","value":"September 26, 2045"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b97f20ff7b332967ed571745a4c0bc236f4f60fc","claim":"NRG ENERGY, INC. incurred guarantee of guarantee the Borrower’s payment obligations under the Credit Agreement.","evidence_excerpt":"On September 26, 2025, the Company also entered into an equity contribution agreement and guaranty with the Borrower, the Lender, the Agent, and Cedar Bayou 5 Holdings LLC, a Delaware limited liability company, pursuant to which the Company agreed to guarantee the Borrower’s payment obligations under the Credit Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013871/000110465925095650/0001104659-25-095650-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"guarantee"},{"label":"Principal","value":"guarantee the Borrower’s payment obligations under the Credit Agreement"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}