NRG - Public offerings

NRG Energy, Inc. (NYSE:NRG) announced today the pricing of an underwritten public offering of 14,300,000 shares of its common stock (the "Secondary Offering") held by certain affiliates of LS Power (the "Selling Stockholders") at a price of $164.00 per share, for total gross proceeds to the Selling Stockholders of approximately $2,345,200,000, before deducting underwriting discounts and commissions. These shares were part of the consideration the Selling Stockholders received from NRG in connection with the recently closed acquisition of the LS Power portfolio entities on January 30, 2026. NRG will not receive any proceeds from the sale of the shares by the Selling Stockholders. The Seconda

NRG Energy, Inc. (NYSE:NRG) announced today the launch of an underwritten public offering of 12,300,000 shares of its common stock held by certain affiliates of LS Power (the "Selling Stockholders"), subject to market and other conditions (the "Secondary Offering"). These shares are part of the consideration the Selling Stockholders received from NRG in connection with the recently closed acquisition of the LS Power portfolio entities on January 30, 2026. NRG will not receive any proceeds from the sale of the shares by the Selling Stockholders. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,845,000 shares of common stock. Barc

NRG Energy, Inc. (NYSE:NRG) announced that Alexander Funding Trust II, a newly-formed Delaware statutory trust (the "Trust"), has priced its private offering of pre-capitalized trust securities redeemable July 31, 2028 (the "P-Caps") to certain qualified institutional buyers for an initial purchase price of $500.0 million. The P-Caps will have a Distribution Rate of 7.467% per annum, which equals a spread of 3.100% to the five-year US treasury yield at the time of pricing of 4.367%. The P-Caps are intended to replace NRG's existing pre-capitalized trust securities redeemable 2023 issued by Alexander Funding Trust, which mature on November 15, 2023. The Trust will initially invest the proc

NRG Energy, Inc. (NYSE:NRG) announced a proposed offering of pre-capitalized trust securities redeemable 2028 (the "P-Caps") by Alexander Funding Trust II, a newly-formed Delaware statutory trust (the "Trust"). The P-Caps are intended to replace NRG's existing pre-capitalized trust securities redeemable 2023 issued by Alexander Funding Trust, which mature on November 15, 2023. The Trust will initially invest the proceeds from the sale of the P-Caps in a portfolio of principal and/or interest strips of U.S. Treasury securities (the "Eligible Assets") and will enter into a facility agreement with NRG, pursuant to which NRG will pay a facility fee to the Trust, and NRG will agree to issue se

Former NRG Energy executive enters SB Energy at stage of hypergrowth REDWOOD CITY, Calif., Feb. 28, 2023 /PRNewswire/ -- SB Energy Global, LLC ("SB Energy") announced today that Gaetan Frotte has joined the company as Chief Financial Officer to lead SB Energy's corporate finance functions. Mr. Frotte joins SB Energy from NRG Energy (NYSE:NRG), where he held various leadership positions in corporate and project finance for over 16 years. Over the course of his career, Mr. Frotte has developed a broad financial experience in the power and renewable industry including successfull