NRG NRG ENERGY, INC.

CIK 0001013871 50 ready 8-Ks latest August 4, 2026, 7:28 AM ET RSS · JSON

Activity: NORMAL 1 filings / 30d vs 2 baseline Risk accumulating: repeated leadership change (2)

Ready 8-Ks 50

Latest filing August 4, 2026, 7:28 AM ET

Top materiality 1.00

Event mix earnings ×13 · leadership ×12 · debt ×11

Sentiment 22 pos · 0 neg · 28 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for NRG

Highest-materiality recent filing

NRG Energy to acquire LS Power generation assets for $12B enterprise value

May 16, 2025, 7:59 PM ET M&A materiality 1.00 positive item 1.01 item 3.02 item 9.01

Purchase price: $6.4B cash + 24.25M shares (~$2.8B at 10-day VWAP) + assumption of ~$3.2B debt.
Acquired assets: Lightning Power, Linebacker Power, CCS Intermediate HoldCo, Jack County Power Development.

Read filing →

August 4, 2026, 7:28 AM ET earnings materiality 0.75 positive item 2.02 item 9.01

NRG Q2 GAAP net income $506M, adj. EBITDA $1,217M; reaffirms 2026 guidance

GAAP net income $506M ($2.32 EPS) vs. loss of $104M ($0.62 loss) in Q2 2025.
May 6, 2026, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01 ◈ Earnings Releases

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).
April 28, 2026, 7:59 PM ET debt materiality 0.75 positive item 1.01 item 2.03 item 7.01 item 9.01 ◈ Material Agreements ×3◈ Debt Financings ×2

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.
April 14, 2026, 7:59 PM ET debt materiality 0.80 positive item 7.01 item 9.01

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.
March 4, 2026, 6:59 PM ET other material materiality 0.70 neutral item 1.01 item 8.01 item 9.01 ◈ Material Agreements

NRG Energy announces secondary offering of 14.3M shares by LS Power affiliates and $300M share repurchase

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.
February 24, 2026, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

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).
February 2, 2026, 6:59 PM ET M&A materiality 0.75 positive item 8.01 item 9.01

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.
February 2, 2026, 6:59 PM ET other material materiality 0.75 positive item 7.01 item 9.01

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.
January 30, 2026, 6:59 PM ET M&A materiality 0.75 positive item 1.01 item 2.01 item 2.03 item 3.02 item 7.01 item 9.01 ◈ M&A Transactions◈ Material Agreements

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.
January 7, 2026, 6:59 PM ET leadership materiality 0.70 neutral item 5.02 item 7.01 item 9.01

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).
November 6, 2025, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 9.01

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.
October 8, 2025, 7:59 PM ET debt materiality 0.80 neutral item 1.01 item 2.03 item 9.01 ◈ Debt Financings ×4

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.
October 1, 2025, 7:59 PM ET debt materiality 0.65 neutral item 1.01 item 2.03 ◈ Debt Financings ×2

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.
September 24, 2025, 7:59 PM ET other material materiality 0.70 neutral item 7.01 item 9.01

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.
September 24, 2025, 7:59 PM ET debt materiality 0.75 neutral item 7.01 item 9.01

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.
September 17, 2025, 7:59 PM ET other material materiality 0.70 positive item 7.01 item 9.01

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).
August 6, 2025, 7:59 PM ET earnings materiality 0.75 neutral item 2.02 item 9.01

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.
July 25, 2025, 7:59 PM ET debt materiality 0.70 neutral item 1.01 item 2.03 item 9.01 ◈ Debt Financings

NRG Energy adds $1B incremental term loan B facility, maturing 2031

Aggregate principal $1B incremental term loan B facility added via Fifteenth Amendment.
May 16, 2025, 7:59 PM ET M&A materiality 1.00 positive item 1.01 item 3.02 item 9.01

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.
May 12, 2025, 7:59 PM ET earnings materiality 0.90 positive item 2.02 item 9.01

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.
May 12, 2025, 7:59 PM ET M&A materiality 0.95 positive item 7.01 item 1.01 item 9.01

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).
April 7, 2025, 7:59 PM ET leadership materiality 0.65 neutral item 5.02 item 9.01 ◈ executive_change

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.
February 26, 2025, 6:59 PM ET earnings materiality 0.90 positive item 2.02 item 9.01

NRG Energy reports FY2024 adjusted EPS of $6.83, announces 5.4 GW gas-fired development with GE Vernova and Kiewit

FY2024 GAAP Net Income $1.1B, Adjusted EPS $6.83 exceeded raised guidance, returned $1.3B to shareholders.
November 8, 2024, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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).
November 1, 2024, 7:59 PM ET debt materiality 0.60 neutral item 1.01 item 2.03 item 8.01 item 9.01

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.
October 17, 2024, 7:59 PM ET debt materiality 0.65 neutral item 8.01 item 9.01

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.
October 15, 2024, 7:59 PM ET debt materiality 0.60 neutral item 7.01 item 8.01 item 9.01

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.
September 25, 2024, 7:59 PM ET earnings materiality 0.70 positive item 7.01 item 9.01

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.
August 8, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

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.
August 1, 2024, 7:59 PM ET leadership materiality 0.65 positive item 5.02 item 9.01 ◈ executive_change

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.
May 7, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

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.
April 17, 2024, 7:59 PM ET debt materiality 0.60 neutral item 1.01 item 2.03 item 9.01 ◈ Debt Financings ×2◈ Material Agreements

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.
March 26, 2024, 7:59 PM ET leadership materiality 0.60 neutral item 5.02 item 9.01 ◈ executive_change ×2

NRG Energy names Rasesh Patel President, NRG Consumer; Elizabeth Killinger retires as EVP NRG Home

Elizabeth Killinger, EVP NRG Home, retires after over 20 years; remains as advisor to CEO until January 2025.
February 28, 2024, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01 ◈ Earnings Releases

NRG posts full year 2023 Adj EBITDA of $3.28B, FCFbG of $1.93B; reaffirms 2024 guidance

Full year 2023 Net Loss of $202M due to unrealized mark-to-market losses; Adj EBITDA $3.28B, up 76% YoY.
November 20, 2023, 6:59 PM ET leadership materiality 0.75 neutral item 1.01 item 5.02 item 7.01 item 9.01 ◈ executive_change ×4◈ Material Agreements

NRG CEO Gutierrez resigns; Coben interim CEO; adds four independent directors via Elliott cooperation agreement

Mauricio Gutierrez resigns as CEO and director effective Nov 17, 2023; Lawrence Coben (Board Chair) appointed Interim CEO.
November 6, 2023, 6:59 PM ET other material materiality 0.80 positive item 8.01 item 9.01

NRG Energy announces $950M accelerated share repurchase and $600M debt tender offer

ASR agreements with multiple dealers to repurchase $950M of NRG common stock; over 80% of shares expected in initial settlement.
November 2, 2023, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01 ◈ Earnings Releases

NRG Q3 net income $343M; raises 2023 guidance mid-point by $95M; initiates 2024 guidance above plan

Q3 GAAP Net Income $343M, Adjusted EBITDA $973M, Free Cash Flow Before Growth Investments $355M.

Executive changes

Appointed

Glenn Wright

independent director

NRG · NRG ENERGY, INC.

Effective: 2026-05-26
Filed: May 21, 2026, 8:10 AM ET

appointed Glenn Wright to serve as an independent director, effective May 26, 2026

Appointed

Gaudette

Chief Executive Officer

NRG · NRG ENERGY, INC.

Effective: 2026-04-30
Filed: April 30, 2026, 7:59 PM ET

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.

Departed

Rasesh Patel

Executive Vice President, NRG Consumer

NRG · NRG ENERGY, INC.

Effective: 2025-05-19
Filed: April 7, 2025, 7:59 PM ET

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.

Appointed

Lawrence S. Coben

President and Chief Executive Officer

NRG · NRG ENERGY, INC.

Effective: 2024-08-01
Filed: August 1, 2024, 7:59 PM ET

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.

Role change

Rasesh Patel

Leader of NRG Home business

NRG · NRG ENERGY, INC.

Effective: 2024-03-26
Filed: March 26, 2024, 7:59 PM ET

Mr. Rasesh Patel, currently Executive Vice President, Smart Home for the Company, will assume the leadership of the NRG Home business effective immediately.

Departed

Elizabeth Killinger

Executive Vice President, NRG Home

NRG · NRG ENERGY, INC.

Effective: 2024-03-26
Successor: Rasesh Patel
Filed: March 26, 2024, 7:59 PM ET

Elizabeth Killinger, Executive Vice President, NRG Home, has notified the Company of her retirement from the Company.

Appointed

Gerald Alfred Spencer

Senior Vice President and Chief Accounting Officer

NRG · NRG ENERGY, INC.

Effective: 2023-12-04
Filed: November 29, 2023, 6:59 PM ET

On November 29, 2023, NRG Energy, Inc. (“NRG” or the “Company”) appointed Gerald Alfred Spencer as Senior Vice President and Chief Accounting Officer of the Company effective December 4, 2023.

Appointed (interim)

Lawrence Coben

interim president and chief executive officer

NRG · NRG ENERGY, INC.

Effective: 2023-11-17
Filed: November 20, 2023, 6:59 PM ET

On November 17, 2023, the Board appointed Lawrence Coben, 65, to the position of interim president and chief executive officer (“Interim CEO”), effective immediately.

Appointed

Kevin Howell

director

NRG · NRG ENERGY, INC.

Filed: November 20, 2023, 6:59 PM ET

provided , however , that Mr. Howell’s appointment to the Board will be effective on the next business day following written notification by Elliott to the Company of Mr. Howell’s eligibility to serve on the Board, and until the effective time of such appointment, Mr. Howell will serve as an observer of the Board.

Appointed

Anne Schaumburg

Lead Independent Director

NRG · NRG ENERGY, INC.

Effective: 2023-11-17
Filed: November 20, 2023, 6:59 PM ET

On November 17, 2023, in accordance with the Company’s corporate governance guidelines, the Board appointed Anne Schaumburg to serve as the Company’s lead independent director to serve in this capacity for so long as the Company’s Chair and Chief Executive Officer roles are being held by the same person.

Departed

Mauricio Gutierrez

Chief Executive Officer and President

NRG · NRG ENERGY, INC.

Effective: 2023-11-17
Successor: Lawrence Coben
Filed: November 20, 2023, 6:59 PM ET

He succeeds Mauricio Gutierrez, who resigned as the Company’s Chief Executive Officer and President and as a member of the Board, effective November 17, 2023.

Appointed

Bruce Chung

Executive Vice President and Chief Financial Officer

NRG · NRG ENERGY, INC.

Effective: 2023-06-01
Filed: June 1, 2023, 7:59 PM ET

On May 31, 2023, Bruce Chung, age 49, was appointed Executive Vice President and Chief Financial Officer of NRG Energy, Inc. (the “Company”), effective June 1, 2023.

Earnings & guidance

2026-Q1 EPS reported $0.52 filing →

Materiality & sentiment trend

Max materiality 1.00 · Median 0.70 · Most common event earnings

22 positive 0 negative 28 neutral

source · NRG on sec.gov