NRG Energy, GE Vernova and JV

NRG Energy beats fourth-quarter profit estimates on higher demand for power
NRG Energy beat Wall Street estimates for fourth-quarter adjusted profit on Wednesday, helped by higher demand for power and lower fuel costs, and unveiled its bets to capitalize on demand from data centers.
GE Vernova, NRG Energy Launch JV to Power Data Center, AI Boom
Initially the JV will work to bring online four projects with a combined capacity of 5 GW, to be supplied to the ERCOT and PJM markets.
GE Vernova, NRG Energy form JV for electricity supply projects to meet AI power demand
GE Vernova (NYSE:GEV) +6.4% in Wednesday's trading after saying it will team with NRG Energy (NYSE:NRG) and a subsidiary of Kiewit Corp. in a new joint venture to build four natural gas combined cycle electricity plants to meet growing demand for power from data centers and artificial intelligence.
NRG, GE Vernova, Kiewit Have Plan to Build Four New Gas-Fired Power Plants
NRG Energy is joining with GE Vernova and Kiewit Corp. in a plan to build four new natural gas-fired power plants. The companies on Feb. 26 said the
NRG, GE Vernova and Kiewit Will Build 5 GW of Power Plants for Data Centers
Firms will construct plants in undisclosed locations in Texas and the mid-Atlantic region, with the first 1.2-GW facility set to operate in 2029, but no project investment total was disclosed.
GE Vernova and NRG to Build 5 Gigawatts of Gas Plants for AI
GE Vernova Inc., NRG Energy Inc. and Kiewit Corp. agreed to develop up to 5.4 gigawatts of gas-fired power plants, with one NRG executive saying that artificial intelligence is driving an electricity “demand supercycle.
AI’s power demands spark new joint GE Vernova–NRG electricity plant project
Wednesday it’ll team up with GE Vernova Inc. and engineering company Kiewit Corp. to build four natural-gas electricity plants to meet increased power needs for data centers and artificial intelligence.
NRG Energy, GE Vernova Target AI Power Business
NRG Energy, GE Vernova and Kiewit will join forces to build natural gas-fired power plants for tech companies that want city-sized amounts of power in a hurry, the companies said Wednesday. A new vent
NRG Energy Inc. stock underperforms Thursday when compared to competitors
NRG Energy Inc. closed 8.90% below its 52-week high of $115.38, which the company achieved on January 22nd.
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NRG, GE Vernova and Kiewit to advance four natural gas power plants
NRG Energy, GE Vernova and Kiewit’s subsidiary The Industrial Company (TIC) have announced a new venture to accelerate ...
Evercore ISI Sticks to Their Buy Rating for NRG Energy (NRG)
In a report released yesterday, Durgesh Chopra from Evercore ISI maintained a Buy rating on NRG Energy (NRG – Research Report), with a price ...
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NRG partners with GE Vernova to develop 5.4GW of gas generation for US data center market
In the earnings call, NRG also reported that it signed Letters of Intent with two data center developers, PowLan and Menlo ...
NRG Energy Beats Q4 EPS Estimates, Unveils AI Power Expansion, And Reaffirms 2025 Growth Outlook
NRG Energy, Inc. (NYSE: NRG) stock rises after reporting mixed Q4 2024 results, exceeding adjusted EPS guidance and achieving ...
NRG Energy price target raised to $145 from $134 at Guggenheim
Guggenheim raised the firm’s price target on NRG Energy (NRG) to $145 from $134 and keeps a Buy rating on the shares following a ...
NRG Energy Full Year 2024 Earnings: Misses Expectations
Full Year 2024 Results Key Financial Results Revenue: US$28.1b (down 2.4% from FY 2023).
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NRG Energy Stock Soars To Record High On Earnings Beat, 5GW Power Project With GE Vernova And Kiewit Corp: Retail’s Exuberant
NRG Energy (NRG) shares soared over 12% to a record high of $115.38 in morning trade Wednesday after the power company posted ...