NRG said its indirect wholly owned subsidiary, NRG Cedar Bayou 5 LLC, entered into a credit agreement on September 26, 2025 for up to $561,901,530 with Wilmington Trust, National Association, as administrative agent, and the Public Utility Commission of Texas, as lender.

1. 01

   NRG said its indirect wholly owned subsidiary, NRG Cedar Bayou 5 LLC, entered into a credit agreement on September 26, 2025 for up to $561,901,530 with Wilmington Trust, National Association, as administrative agent, and the Public Utility Commission of Texas, as lender.

2. 02

   The company said the proceeds will be used to finance about 60% of the eligible costs for developing, constructing and installing a natural gas-fired combined-cycle power generation facility of about 721 MW in Chambers County, Texas.

3. 03

   The company said interest on each loan is 3.00%, and until commercial operation is achieved, interest payments are automatically capitalized and added to the principal. It said the loans mature on September 26, 2045.

4. 04

   The company said NRG Energy, Inc. agreed to guarantee the Borrower's payment obligations, that loans must not exceed 60% of eligible Project costs, and that failure to reach commercial operation by December 1, 2028 would be an event of default.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.