{"url_path":"/sec/nrg/10-k/2026/item-2","section_key":"item-2","section_title":"Item 2 — Properties","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-02-24","source_url":"https://www.sec.gov/Archives/edgar/data/1013871/0001013871-26-000004-index.html","accession_number":"0001013871-26-000004","cik":"0001013871","ticker":"NRG","issuer_name":"NRG ENERGY, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1013871/0001013871-26-000004-index.html","primary_entity_key":"0001013871","primary_entity_name":"NRG ENERGY, INC."},"word_count":464,"has_tables":true,"body_markdown":"Item 2 — Properties\n\nListed below are descriptions of NRG's interests in facilities, operations and/or projects owned as of December 31, 2025. The rated MW capacity figures provided represent nominal summer MW capacity of power generated. Net MW capacity is adjusted for the Company's owned interest as of December 31, 2025. The Company believes its existing facilities, operations and/or projects are suitable for the conduct of its business and sufficient to support its current operations. The following table summarizes NRG's power production and cogeneration facilities by region:\n\nName of FacilityPower MarketPlant TypePrimary FuelLocation\nRated MW Capacity(a)\n\nNet MW Capacity(b)\n% Owned\n\nTexas\n\nCedar BayouERCOTFossilNatural GasTX1,495 1,495 100.0 \n\nCedar Bayou 4ERCOTFossilNatural GasTX504 252 50.0 \n\nChamonERCOTFossilNatural GasTX92 92 100.0 \n\nGreens BayouERCOTFossilNatural GasTX327 327 100.0 \n\nLimestoneERCOTFossilCoalTX1,688 1,688 100.0 \n\nPort ComfortERCOTFossilNatural GasTX84 84 100.0 \n\nSan JacintoERCOTFossilNatural GasTX160 160 100.0 \n\nSJRRERCOTFossilNatural GasTX90 90 100.0 \n\nTexas Gulf Sulphur (Wharton)ERCOTFossilNatural GasTX75 75 100.0 \n\nT.H. WhartonERCOTFossilNatural GasTX1,002 1,002 100.0 \n\nVictoriaERCOTFossilNatural GasTX288 288 100.0 \n\nVictoria Port IIERCOTFossilNatural GasTX86 86 100.0 \n\nW.A. ParishERCOTFossilCoalTX2,514 2,514 100.0 \n\nW.A. ParishERCOTFossilNatural GasTX1,118 1,118 100.0 \n\nTotal Texas9,523 9,271 \n\nEast\n\nChalk PointPJMFossilNatural GasMD80 80 100.0 \n\nFiskPJMFossilOilIL171 171 100.0 \n\nIndian RiverPJMFossilOilDE16 16 100.0 \n\nPowerton(c)\nPJMFossilCoalIL1,538 1,538 100.0\n\nViennaPJMFossilOilMD167 167 100.0 \n\nWaukeganPJMFossilOilIL101 101 100.0 \n\nTotal East2,073 2,073 \n\nWest/Other\n\nGladstoneFossilCoalAUS1,613 605 37.5 \n\nIvanpah(d)\nCAISORenewableSolarCA385 210 54.5 \n\nMidway-SunsetCAISOFossilNatural GasCA226 113 50.0 \n\nStadiums and OtherRenewableSolarvarious4 4 100.0 \n\nTotal West/Other2,228 932 \n\nTotal Fleet13,824 12,276 \n\n(a)MW capacity of the facility without taking into account NRG ownership percentage\n\n(b)Actual capacity, adjusted for ownership interest, can vary depending on factors including weather conditions, operational conditions, and other factors. Additionally, ERCOT and PJM require periodic demonstration of capability, and the capacity may vary individually and in the aggregate from time to time\n\n(c)Powerton is projected to close by December 31, 2029 to comply with environmental requirements\n\n(d)On January 17, 2025, PG&E filed an advice letter to the CPUC seeking approval of a termination agreement between the utility and Solar Partners II, LLC and Solar Partners VIII, LLC, which include NRG’s ownership interests. On December 4, 2025, the CPUC rejected the contract termination agreement\n\nNRG owns several real properties and facilities related to its generation assets, interest in construction projects, other vacant real property unrelated to its generation assets, and properties not used for operational purposes. NRG believes it has satisfactory title to its plants and facilities in accordance with standards generally accepted in the electric power industry, subject to exceptions that, in the Company's opinion, would not have a material adverse effect on the use or value of its portfolio.\n\n41\n\n                                                                                     \n\nNRG leases its operational and corporate headquarters in Houston, Texas, its financial and commercial corporate offices in Princeton, New Jersey, its smart home corporate offices in Provo and Lehi, Utah, as well as its retail operations offices, smart home monitoring stations, call centers, warehouses and various other office space."}