NRG Energy to acquire LS Power portfolio in $12 billion deal

May 12, 2025

 

Lights illuminate Petronor oil refinery, owned by Spanish multinational energy and petrochemical company Repsol, in Muskiz, Spain, February 23, 2025. REUTERS/Vincent West/File Photo

NRG Energy NRG 19.89%increase; green up pointing triangle has agreed to acquire LS Power’s portfolio of natural gas generation facilities and power plant platform in a cash-and-stock deal with an enterprise value of about $12 billion.