Glenn Wright
appointed Glenn Wright to serve as an independent director, effective May 26, 2026
Highest-materiality recent filing
NRG Energy appoints Glenn Wright to Board of Directors, effective May 26, 2026
Glenn Wright appointed independent director, effective May 26, 2026; board expands to 11 members.
NRG Energy reports Q1 2026 GAAP Net Income $125M; reaffirms 2026 guidance
GAAP Net Income $125M ($0.52 EPS); Adjusted Net Income $308M ($1.49 EPS).
NRG Energy shareholders approve all proposals at 2026 annual meeting
Ten director nominees elected with majority support; highest vote count 181.5M for Gaudette.
NRG Energy files CEO employment terms for Gaudette; Coben retirement agreement disclosed
Gaudette appointed CEO effective Apr 30, 2026; base salary $1.2M, target bonus 125% of base.
NRG issues $2.6B in new notes and $900M term loan; tenders 99.7% of Lightning 7.25% notes
Issued $500M 4.955% secured notes due 2031, $1.05B 5.875% senior notes due 2034, $1.05B 6.125% notes due 2036.
NRG issues $2.6B notes at 4.955%-6.125%, launches tender for $1.5B Lightning 7.250% notes
$500M 4.955% secured notes due 2031; $1.05B 5.875% unsecured notes due 2034; $1.05B 6.125% unsecured notes due 2036.
Director E. Spencer Abraham resigns from NRG Energy board effective April 3, 2026
E. Spencer Abraham resigned from NRG's Board effective April 3, 2026 for personal reasons.
Selling stockholders (Lightning Power, Thunder Generation, CCS Power) sold 14,300,000 shares of NRG common stock at $164 per share in a public offering.
NRG Energy files updated audited financials for Lightning, Linebacker, and CCS acquisitions
Audited financial statements for Lightning Power (revenue $2.11B, net income $207.7M for 2025) and Linebacker, CCS filed.
NRG Energy Q4 GAAP net income $66M; full-year adj EPS $8.24, up 21%, exceeds raised guidance
GAAP Net Income Q4 $66M ($0.26 basic EPS); full year GAAP Net Income $864M ($4.09 basic EPS).
NRG Energy appoints Sanjay Kapoor to Board of Directors
Sanjay Kapoor appointed independent director effective Feb 3, 2026; will serve on Audit Committee.
NRG Energy files historical financials for acquisition of ~10.9 GW generation portfolio
Acquired ~10.9 GW of natural gas-fired generation across 15 facilities in multiple states, per Lightning Power financials.
NRG updates 2026 guidance after closing LS Power acquisition; Adj. EBITDA midpoint $5.575B
LS Power asset acquisition closed Jan 30, 2026; guidance reflects ~11 months of ownership.
NRG closes $6.4B cash+stock+debt deal for 13 GW fleet & CPower from LS Power
Acquired 18 natural-gas plants (~13 GW) and CPower C&I VPP from LS Power; fleet now ~25 GW.
NRG Energy appoints Robert Gaudette as President, CEO effective April 30, 2026
Robert Gaudette named President effective Jan 6 and CEO at the 2026 Annual Meeting (April 30).
Director Kevin T. Howell resigns from NRG Energy Board effective Jan 2, 2026
Kevin T. Howell notified the Board of his resignation, effective immediately.
NRG Energy Q3 2025: EPS $2.78 adj, revenue up; new $3B buyback; LS Power deal on track
GAAP Net Income $152M ($0.70 EPS); Adjusted Net Income $537M ($2.78 EPS) vs $434M ($2.10) y/y.
NRG issues $4.9B in notes to fund acquisition and refinance existing debt
Issued $625M of 4.734% secured notes due 2030 and $625M of 5.407% secured notes due 2035.
NRG subsidiary enters $561.9M credit agreement with Texas PUC for 721 MW gas plant
Principal amount up to $561.9M at 3.00% interest, maturing Sept 26, 2045.
NRG launches note offerings to fund LSP acquisition and repay $500M of 2% secured notes
Offering senior secured first lien notes due 2030 and 2035, and senior unsecured notes due 2034 and 2036; proceeds to partly fund LSP acquisition cash purchase price.
NRG prices $4.9B in secured and unsecured notes for acquisition and refinancing
Issued $625M 4.734% senior secured notes due 2030 and $625M 5.407% notes due 2035.
NRG raises 2025 guidance: Adjusted Net Income midpoint +$100M, EPS +$0.60
Adjusted Net Income guidance raised to $1,470-$1,590M from $1,330-$1,530M (midpoint +$100M).
NRG reports Q2 GAAP net loss of $104M; Adjusted EBITDA $909M; reaffirms 2025 guidance
GAAP net loss of $104M ($0.62 basic EPS loss); Adjusted net income $339M, Adj. EPS $1.73.
NRG Energy adds $1B incremental term loan B facility, maturing 2031
Aggregate principal $1B incremental term loan B facility added via Fifteenth Amendment.
NRG Energy to acquire LS Power generation assets for $12B enterprise value
Purchase price: $6.4B cash + 24.25M shares (~$2.8B at 10-day VWAP) + assumption of ~$3.2B debt.
NRG Q1 GAAP net income $750M, EPS $3.70; acquires 13 GW gas generation from LS Power
GAAP Net Income $750M ($3.70 basic EPS); Adjusted EPS $2.68, Adjusted EBITDA $1,126M, FCFbG $293M.
NRG to acquire 13 GW natural gas portfolio and VPP platform from LS Power for ~$12B
Acquires 18 natural gas facilities (13 GW) and CPower C&I VPP platform (6 GW) for ~$12B enterprise value (7.5x 2026 EV/EBITDA).
NRG shareholders approve charter amendment eliminating supermajority voting requirements
Stockholders approved Restated Charter removing supermajority voting requirements for common stock; vote 162.3M for, 350K against.
NRG Consumer President Rasesh Patel to retire May 19; successor expected in Q2 2025
Rasesh Patel, President of NRG Consumer, will retire effective May 19, 2025, and remain in an advisory role to ensure a seamless transition.
FY2024 GAAP Net Income $1.1B, Adjusted EPS $6.83 exceeded raised guidance, returned $1.3B to shareholders.
NRG Q3 adj EBITDA $1,055M, raises 2024 guidance, initiates 2025 outlook with 10%+ adj EPS growth
Q3 GAAP net loss $767M due to mark-to-market losses; adj EBITDA $1,055M (+7% YoY), adj EPS $1.90 (vs $1.57), FCFbG $815M (+$460M YoY).
NRG issues $2.67B in new senior notes and $450M incremental term loan; extends revolver to 2029
Issued $925M 6.00% senior notes due 2033 and $950M 6.25% senior notes due 2034.
NRG upsizes note offering to $1.875B, prices two tranches at 6.00% and 6.25%
Offering upsized from $1.5B to $1.875B; includes $925M of 6.00% notes due 2033 and $950M of 6.25% notes due 2034.
NRG Energy launches tender & exchange offers for $1.4B of APX notes; plans up to $1.5B new debt
APX Group commences cash tender offer for any and all of its $600M 6.75% senior secured notes due 2027.
NRG Energy raises 2024 Adjusted EBITDA guidance midpoint by $175M to $3.525-$3.675B
New Adjusted EBITDA range $3.525-$3.675B (midpoint $3.60B), up from $3.300-$3.550B.
NRG Q2 net income $738M, Adj. EBITDA $935M; Airtron sale for $500M; guidance reaffirmed
GAAP net income $738M vs $308M YoY; Adjusted EBITDA $935M vs $819M YoY; FCFbG $663M.
NRG Energy appoints Lawrence Coben as permanent President and CEO; board changes announced
Lawrence Coben, interim CEO since Nov 2023, appointed President & CEO effective Aug 1, 2024; remains Board Chair.
NRG ups receivables facility to $2.3B, extends to June 2025, adds originator
Receivables facility increased from $1.4B to $2.3B; termination date extended by one year to June 20, 2025.
NRG Q1 net income $511M, adjusted EBITDA $849M; reaffirms 2024 guidance
Q1 2024 GAAP net income $511M vs. loss of $1.335B a year ago; adjusted EBITDA $849M vs. $646M.
NRG Energy shareholders elect 13 directors, approve say-on-pay and auditor at annual meeting
All 13 director nominees elected with majority support; Kevin T. Howell received 159.7M for, Alex Pourbaix 140.4M for.
NRG Energy establishes $875M Term Loan B facility to refinance near-term debt maturities
New $875M Term Loan B used to repay 3.750% senior secured notes due 2024 and part of 2.75% convertible notes repurchases.
appointed Glenn Wright to serve as an independent director, effective May 26, 2026
the Board of Directors of the Company appointed Mr. Gaudette as President of the Company, effective January 6, 2026, and as Chief Executive Officer, effective April 30, 2026.
On April 7, 2025, NRG Energy, Inc. (the “Company”) issued a press release announcing that Rasesh Patel, Executive Vice President, NRG Consumer, has notified the Company of his retirement from the Company, effective May 19, 2025.
On August 1, 2024, NRG Energy, Inc. (the “Company”) announced that Lawrence S. Coben, most recently Interim President and Chief Executive Officer of the Company, was appointed President and Chief Executive Officer effective August 1, 2024.
Max materiality 1.00 · Median 0.70 · Most common event debt