M&A
confidence high
sentiment positive
materiality 0.75
NRG Energy files historical financials for acquisition of ~10.9 GW generation portfolio
NRG ENERGY, INC.
- Acquired ~10.9 GW of natural gas-fired generation across 15 facilities in multiple states, per Lightning Power financials.
- Lightning Power's unaudited results for 9 months ended Sep 30, 2025: revenue $1.60B, net income $205M.
- Total assets of Lightning Power at Sep 30, 2025: $8.09B; property, plant & equipment net $6.49B.
- Also includes pro forma combined financials for Transaction and prior Rockland Acquisition (738 MW in Texas).
- Transaction completed Jan 30, 2026; this 8-K/A provides previously omitted financial statements.