trending Market Intelligence /marketintelligence/en/news-insights/trending/wb5XoETj5UFvWXPWvTCZOA2 content esgSubNav
In This List

NRG Energy upsizes note offering by $300M


Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy


Japan M&A By the Numbers: Q4 2023


See the Big Picture: Energy Transition in 2024

NRG Energy upsizes note offering by $300M

has upsized its seniornote offering to $1.0 billion from $700million, according to a May 9 company release.

The 7.25% seniornotes due May 15, 2026, will be guaranteed by the company's subsidiaries and willbe considered as senior unsecured obligations. The offering is expected to closeMay 23.

Proceeds fromthe offering, combined with cash on hand, will be used to fund the repurchase ofup to $1 billion worth of outstanding senior notes. Any remainder of the proceedswill be used for general corporate purposes.