Financing August 6, 2026 Texas market

NRG reaches principal commercial terms with an unnamed hyperscaler for a 1.2 GW Texas gas plant

NRG said it is aligned on principal commercial terms with an unnamed global cloud/AI hyperscaler to develop a 1.2 GW combined-cycle natural-gas plant in Texas (site undisclosed), first phase ~$3.2B, targeted for delivery in late 2029, expandable to 2.4 GW, with a minimum 15-year customer term and more than 95% of cash flow from capacity payments per NRG.

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