{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-124147","form_type":"8-K","ticker":"NRG","cik":"0001013871","company_name":"NRG ENERGY, INC.","filed_at":"2026-11-09T12:02:22+00:00","discovered_at":"2026-11-09T12:05:00.226576+00:00","generated_at":"2026-11-09T12:05:16.281845+00:00","sec_items":["7.01","1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"NRG to sell six gas plants (4.9 GW) to LS Power for $4B cash, funding $3B of buybacks","bullets":["Definitive agreement sells six natural gas generation assets to LS Power for $4B cash, an implied 2027 valuation of 8.0x EV/Adj. EBITDA, subject to working capital adjustments.","Assets total 4.9 GW: Ravenswood (NYISO), Ocean State Power and Wallingford (ISO-NE), and Jack County, Johnson County and R.W. Miller (ERCOT).","Closing targeted for Q2 2027, subject to HSR, FERC and New York State Public Service Commission approvals; Barclays advised NRG, White & Case was counsel.","Proceeds support $3B of share repurchases across 2026-2027, including an incremental $1B expected before end of Q4 2026, plus $2B more debt reduction.","Post-close NRG will own 20 GW: 10 GW in ERCOT and 10 GW in PJM, with 1.1 GW more ERCOT capacity by 2028 from two Texas Energy Fund projects, per CEO Robert Gaudette."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-124147","json":"https://secwatch.observer/filing/0001104659-26-124147.json","markdown":"https://secwatch.observer/filing/0001104659-26-124147.md","text":"https://secwatch.observer/filing/0001104659-26-124147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013871/000110465926124147/0001104659-26-124147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013871/000110465926124147/tm2629302d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-09T12:05:16.281845+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}