05:18 PM EDT, 09/24/2025 (MT Newswires) -- NRG Energy ( NRG ) said late Wednesday it priced senior secured and unsecured notes in concurrent offerings.
The company priced $625 million of 4.734% senior secured first lien notes due 2030 and an identical amount of 5.407% senior secured notes due 2035.
NRG also priced $1.25 billion of 5.75% senior unsecured notes due 2034 and $2.40 billion of 6% senior notes due 2036, according to a statement.
The company said it intends to use a portion of the net proceeds to partially fund the acquisition of Lightning Power, Linebacker Power, CSS Intermediate HoldCo, and Jack County Power Development. Proceeds from the 2035 notes will also be used to repay its $500 million of 2% senior secured first lien notes at maturity in December 2025.