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NRG Energy Invests $2.5 Million in Energy Technology Platform; Shares Rise
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NRG Energy Invests $2.5 Million in Energy Technology Platform; Shares Rise
Mar 12, 2025 9:54 AM

12:36 PM EDT, 03/12/2025 (MT Newswires) -- NRG Energy ( NRG ) on Wednesday said it invested $2.5 million in Equilibrium Energy, an energy technology platform that uses artificial intelligence to optimize energy portfolios.

The investment was made through NRG's corporate venture capital fund, which focuses on early- and mid-stage companies.

The company said the funding will help NRG gain market intelligence and explore solutions for grid volatility caused by factors such as load growth, intermittent renewable generation, and extreme weather events.

Shares of NRG Energy ( NRG ) were up 5% in recent trading.

Price: 93.09, Change: +4.47, Percent Change: +5.04

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