NRG Energy Closes Major LS Power Assets Acquisition

The latest announcement is out from NRG Energy ( (NRG) ).

On January 30, 2026, NRG Energy completed its acquisition of a portfolio of generation assets and CPower’s commercial and industrial virtual power plant platform from LS Power, adding 18 natural gas-fired plants totaling about 13 GW and effectively doubling NRG’s generation fleet to approximately 25 GW. The deal, funded through a mix of cash, stock and assumed debt, significantly scales NRG’s supply and demand-response capabilities, positioning the company to better meet surging power needs, enhance grid reliability, and broaden its range of flexible, affordable energy solutions for both households and large commercial and industrial customers across its core markets.

The most recent analyst rating on (NRG) stock is a Buy with a $181.00 price target. To see the full list of analyst forecasts on NRG Energy stock, see the NRG Stock Forecast page.

Spark’s Take on NRG Stock

According to Spark, TipRanks’ AI Analyst, NRG is a Neutral.

The score is driven primarily by solid underlying profitability and improving free cash flow, plus a strong and upbeat earnings-call backdrop with raised guidance and expanding data-center agreements. Offsetting these positives are elevated balance-sheet leverage and only mixed technical momentum, while valuation and dividend support appear average.

To see Spark’s full report on NRG stock, click here.

More about NRG Energy

NRG Energy is a North American energy company that provides electricity, natural gas and smart home solutions to about eight million customers, operating a customer-first platform supported by a diversified supply strategy and roughly 25 GW of power generation capacity, and serving residential, commercial and large-load customers in competitive energy markets.

Average Trading Volume: 1,921,527

Technical Sentiment Signal: Buy

Current Market Cap: $29.73B

For a thorough assessment of NRG stock, go to TipRanks’ Stock Analysis page.