NRG updates 2026 guidance after closing LS Power acquisition; Adj. EBITDA midpoint $5.575B

NRG ENERGY, INC.

LS Power asset acquisition closed Jan 30, 2026; guidance reflects ~11 months of ownership.
2026 Adj. EBITDA guidance: $5,325M-$5,825M (midpoint $5,575M); FCFbG: $2,800M-$3,300M.
Adj. Net Income guidance: $1,685M-$2,115M (midpoint $1,900M); Adj. EPS $7.90-$9.90.
Update consistent with prior 2026 outlook and long-term growth framework; no change to underlying assumptions.

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