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NRG Energy (NRG) Expands Portfolio With LS Power Asset Acquisition
NRG Energy, Inc. (NYSE:NRG) has completed the acquisition of several generation assets and CPower from LS Power, expanding its portfolio with 18 natural gas-powered facilities and CPower’s virtual power plant system. This acquisition led to a revision of NRG’s 2026 financial outlook, including updated adjusted net income and EPS guidance. The company, a major integrated U.S. energy provider, is also recognized as one of billionaire David Tepper’s top stock picks.