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0 -0.0195814823474399 -0.0180032733224223 -0.0171264905307459 -0.0190015723638066 -0.0179448211363105 -0.00631283610007022 -0.00631283610007022
Stock impact report

This Is Why NRG Energy (NRG) Is a Top Utility Stock on Data Center Growth [Yahoo! Finance]

NRG Energy, Inc. (NRG) 
Last nrg energy, inc. earnings: 11/7 07:06 am Check Earnings Report
US:NYSE Investor Relations: investors.nrg.com
Company Research Source: Yahoo! Finance
The positive stance comes amid expectations that the company will announce a new 1GW combined-cycle gas turbine project. This is Why NRG Energy, Inc. (NRG) is a Top Utility Stock on Data Center Growth Photo by RawFilm on Unsplash The research firm expects the company to announce the gas turbine project with a hyperscaler in the first half of the year as it seeks to capitalize on the AI boom. The company has already secured GEV turbine slots for 5.4 GW of new generation. In addition, Jefferies projects 5.4 GW of data center upside, leading to $1 billion in EBITDA by 2030 and $2.5 billion by 2033. On the other hand, the company has priced senior secured notes and senior unsecured notes offering due 2031. The company intends to use net proceeds from the offering and the proposed new term loan B of $900 million to repay part of its outstanding borrowings under the NRG revolving credit facility. NRG Energy, Inc. (NYSE:NRG) is a competitive energy provider and retailer, serving mi Show less Read more
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