NRG Energy, a North American provider of electricity, natural gas and smart home solutions, recently acquired a portfolio of generation assets from LS Power, as well as CPower’s commercial and industrial virtual power plant (C&I VPP) platform.
The acquisition includes 18 natural-gas-fired generation facilities totaling approximately 13 gigawatts of capacity, along with the C&I VPP portfolio. Together, the assets double NRG’s generation fleet, allowing the company to better provide affordability and grid reliability across its core markets.
NRG’s generation fleet now totals approximately 25 gigawatts. This combination further strengthens NRG’s ability to serve residential, commercial and large-load customers with dependable power and innovative energy solutions.
“Today, we are doubling down on power generation to respond to the incredible power demand supercycle,” said Larry Coben, NRG chair and CEO. “This transaction builds on our leading p
