News
14 May 2025

Citi and Goldman to lead on NRG's LS acquisition

In:
Power
Region:
Americas

NRG Energy has mandated Citi and Goldman Sachs to lead the debt financing component of its $12 billion acquisition of a 13GW gas-fired power portfolio. The two banks were lead M&A advisers to NRG, which is paying $6.4 billion in cash consideration, issuing $2.8 billion in shares to LS...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.

Perspective
27 February 2026

Al Dhafra: GCC solar bonds worth the wait

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model...