---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-097932"
form_type: "8-K"
ticker: "NRG"
cik: "0001013871"
company_name: "NRG ENERGY, INC."
filed_at: "2025-10-08T23:59:59+00:00"
generated_at: "2026-05-17T04:17:25.132242+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NRG issues $4.9B in notes to fund acquisition and refinance existing debt

## Summary
- Issued $625M of 4.734% secured notes due 2030 and $625M of 5.407% secured notes due 2035.
- Issued $1.25B of 5.750% senior notes due 2034 and $2.4B of 6.000% senior notes due 2036.
- Proceeds partially fund acquisition of Lightning Power, Linebacker Power, CSS Intermediate HoldCo, and Jack County Power.
- Also to repay $500M of 2.000% senior secured notes maturing December 2, 2025.

## SEC filing metadata
- accession: 0001104659-25-097932
- form_type: 8-K
- ticker: NRG
- cik: 0001013871
- company_name: NRG ENERGY, INC.
- filed_at: 2025-10-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013871/000110465925097932/0001104659-25-097932-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013871/000110465925097932/tm2528192d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-097932
- JSON: https://secwatch.observer/filing/0001104659-25-097932.json
- Plain text: https://secwatch.observer/filing/0001104659-25-097932.txt

## Key facts
- Debt Financings
  NRG ENERGY, INC. incurred senior notes of $625 million aggregate principal amount with qualified institutional buyers at 4.734% per annum maturing mature on October 15, 2030.
  - Instrument: senior notes
  - Principal: $625 million aggregate principal amount
  - Counterparty: qualified institutional buyers
  - Rate: 4.734% per annum
  - Maturity: mature on October 15, 2030
  - Event: incurrence
  source text: On October 8, 2025, NRG Energy, Inc., a Delaware corporation (the “Company”), sold and issued (1) $625 million aggregate principal amount of 4.734% senior secured first lien notes due 2030 (the “2030 Notes”) and (2) $625 million aggregate principal amount of 5.407% senior secured first lien notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Secured Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465925097932/0001104659-25-097932-index.htm
- Debt Financings
  NRG ENERGY, INC. incurred senior notes of $625 million aggregate principal amount with qualified institutional buyers at 5.407% per annum maturing mature on October 15, 2035.
  - Instrument: senior notes
  - Principal: $625 million aggregate principal amount
  - Counterparty: qualified institutional buyers
  - Rate: 5.407% per annum
  - Maturity: mature on October 15, 2035
  - Event: incurrence
  source text: On October 8, 2025, NRG Energy, Inc., a Delaware corporation (the “Company”), sold and issued (1) $625 million aggregate principal amount of 4.734% senior secured first lien notes due 2030 (the “2030 Notes”) and (2) $625 million aggregate principal amount of 5.407% senior secured first lien notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Secured Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465925097932/0001104659-25-097932-index.htm
- Debt Financings
  NRG ENERGY, INC. incurred senior notes of $1,250 million aggregate principal amount with qualified institutional buyers at 5.750% per annum maturing mature on January 15, 2034.
  - Instrument: senior notes
  - Principal: $1,250 million aggregate principal amount
  - Counterparty: qualified institutional buyers
  - Rate: 5.750% per annum
  - Maturity: mature on January 15, 2034
  - Event: incurrence
  source text: also on October 8, 2025, the Company sold and issued (1) $1,250 million aggregate principal amount of 5.750% senior notes due 2034 (the “2034 Notes”) and (2) $2,400 million aggregate principal amount of 6.000% senior notes due 2036 (the “2036 Notes” and, together with the 2034 Notes, the “Unsecured Notes”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465925097932/0001104659-25-097932-index.htm
- Debt Financings
  NRG ENERGY, INC. incurred senior notes of $2,400 million aggregate principal amount with qualified institutional buyers at 6.000% per annum maturing mature on January 15, 2036.
  - Instrument: senior notes
  - Principal: $2,400 million aggregate principal amount
  - Counterparty: qualified institutional buyers
  - Rate: 6.000% per annum
  - Maturity: mature on January 15, 2036
  - Event: incurrence
  source text: also on October 8, 2025, the Company sold and issued (1) $1,250 million aggregate principal amount of 5.750% senior notes due 2034 (the “2034 Notes”) and (2) $2,400 million aggregate principal amount of 6.000% senior notes due 2036 (the “2036 Notes” and, together with the 2034 Notes, the “Unsecured Notes”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465925097932/0001104659-25-097932-index.htm

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