{"id":951177,"date":"2026-04-14T08:27:15","date_gmt":"2026-04-14T12:27:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032\/"},"modified":"2026-04-14T08:27:15","modified_gmt":"2026-04-14T12:27:15","slug":"nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032\/","title":{"rendered":"NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth13 { width: 13% }\n.bwwidth15 { width: 15% }\n.bwwidth33 { width: 33% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for <\/b><b>any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNRG Energy, Inc. (NYSE:NRG) announced today that its wholly-owned subsidiary, Lightning Power, LLC (\u201cLightning\u201d), has commenced an offer to purchase for cash (the \u201cTender Offer\u201d) any and all of Lightning\u2019s outstanding 7.250% senior secured notes due 2032 (the \u201cNotes\u201d), of which $1,500 million aggregate principal amount is currently outstanding.<\/p>\n<p>\nIn conjunction with the Tender Offer, Lightning is also soliciting consents (the \u201cConsent Solicitation\u201d) to adopt certain proposed amendments to the indenture governing the Notes (the \u201cIndenture\u201d) to (1) eliminate substantially all of the restrictive covenants and certain affirmative covenants and events of default and related provisions therein (the \u201cProposed Amendments\u201d) and (2) release all of the guarantees of and the collateral securing the Notes (the \u201cRelease\u201d). The Proposed Amendments require the consent of holders of a majority in aggregate principal amount of the outstanding Notes (the \u201cCovenant Requisite Consents\u201d) and the Release requires the consent of holders of at least 66<sup>2<\/sup>\/<sub>3<\/sub>% in aggregate principal amount of the outstanding Notes (the \u201cRelease Requisite Consents\u201d).<\/p>\n<p>\nIn addition, pursuant to the terms of the Indenture, Lightning currently intends to exercise its right to redeem, in two separate redemptions, up to 10.0% of the aggregate initial principal amount of the Notes in each redemption, at a redemption price equal to 103.0% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but not including, the redemption date. However, there can be no assurance that any Notes will be redeemed. Nothing contained herein shall constitute a notice of redemption for the Notes.<\/p>\n<p>\nThe Tender Offer and Consent Solicitation are being made pursuant to the Offer to Purchase and Consent Solicitation Statement, dated April 14, 2026 (the \u201cStatement\u201d). Certain information regarding the Notes and the terms of the Tender Offer is summarized in the table below.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth15 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Title<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth33 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>CUSIP\/ISIN<br \/>\n<br \/>Numbers<sup>(1)<\/sup><\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth13 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Principal<br \/>\n<br \/>Amount<br \/>\n<br \/>Outstanding<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth13 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Tender Offer<br \/>\n<br \/>Consideration<sup>(2)<\/sup><\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth13 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Early Tender<br \/>\n<br \/>Payment<sup>(2)(3)<\/sup><\/b><\/p>\n<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth13 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Total<br \/>\n<br \/>Consideration<sup>(2)(4)<\/sup><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth15\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n7.250% Senior Secured Notes due 2032<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth33 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\nCUSIP: 53229KAA7 (144A); U5400KAA5 (Reg S)<\/p>\n<p class=\"bwcellpmargin bwalignc\">\nISIN: US53229KAA79 (144A); USU5400KAA52 (Reg S)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth13 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n$1,500 million<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwwidth13 bwalignc bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$1,013.75<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwwidth13 bwalignc bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$50.00<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwwidth13 bwalignc bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$1,063.75<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwpadl0\" colspan=\"3\" rowspan=\"1\">__________<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwpadb3 bwalignl bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n(1)<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNo representation is made as to the correctness or accuracy of the CUSIP numbers listed in this press release or printed on the Notes. They are provided solely for the convenience of holders of the Notes.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwpadb3 bwalignl bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n(2)<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPer $1,000 principal amount of Notes tendered and accepted for purchase.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwpadb3 bwalignl bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n(3)<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nThe Early Tender Payment will be payable to Holders who validly tender (and do not validly withdraw) Notes at or prior to the Early Tender Deadline (as defined below).<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwpadb3 bwalignl bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n(4)<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nIncludes the Early Tender Payment for Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Deadline.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nThe Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on May 12, 2026 (such time and date, as it may be extended, the \u201cExpiration Time\u201d). Holders of Notes who validly tender (and do not validly withdraw) their Notes at or prior to 5:00 p.m., New York City time, on April 27, 2026 (such time and date, as it may be extended, the \u201cEarly Tender Deadline\u201d) will be eligible to receive the Total Consideration for such Notes, which includes the Early Tender Payment set forth in the table above. Holders of Notes who validly tender their Notes after the Early Tender Deadline but at or prior to the Expiration Time will not be eligible to receive the Early Tender Payment and will therefore only be eligible to receive the Tender Offer Consideration, which is the Total Consideration less the Early Tender Payment.<\/p>\n<p>\nIn addition, Lightning will pay accrued and unpaid interest on the principal amount of Notes accepted for purchase from the most recent interest payment date on the Notes to, but not including, the applicable Settlement Date (as defined below). Validly tendered Notes may be validly withdrawn at any time prior to 5:00 p.m., New York City time, on April 27, 2026 (such time and date, as it may be extended, the \u201cWithdrawal Deadline\u201d), but not thereafter, except as may be required by applicable law.<\/p>\n<p>\nThe consideration for each $1,000 principal amount of Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Deadline and accepted for purchase pursuant to the Tender Offer (the \u201cTotal Consideration\u201d) will be $1,063.75. The Total Consideration includes an early tender payment (the \u201cEarly Tender Payment\u201d) of $50 per $1,000 principal amount of Notes (which is payable in respect of Notes tendered (and not validly withdrawn) at or prior to the Early Tender Deadline and accepted for purchase). Holders who tender (and do not validly withdraw) their Notes after the Early Tender Deadline but at or prior to the Expiration Time will be eligible to receive consideration (the \u201cTender Offer Consideration\u201d), equal to (i) the Total Consideration minus (ii) the Early Tender Payment, on the Final Settlement Date (as defined below).<\/p>\n<p>\nThe settlement date for the Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Deadline and accepted for purchase is expected to be within three business days following the Early Tender Deadline or as promptly as practicable thereafter, unless extended or earlier terminated (the \u201cEarly Settlement Date\u201d). The settlement date for the Notes validly tendered after the Early Tender Deadline but at or prior to the Expiration Time and accepted for purchase is expected to be within three business days following the Expiration Time or as promptly as practicable thereafter, unless extended or earlier terminated (the \u201cFinal Settlement Date,\u201d and along with the Early Settlement Date, each a \u201cSettlement Date\u201d).<\/p>\n<p>\nAssuming receipt of the Covenant Requisite Consents, Lightning, the guarantors party thereto, the trustee and collateral trustee expect to execute and deliver a supplemental indenture to the indenture governing the Notes. The supplemental indenture will become effective immediately upon execution but (1) the Proposed Amendments will not become operative until we accept for purchase the Notes satisfying the Covenant Requisite Consents in the Tender Offer and (2) the Release will not become operative until we accept for purchase the Notes satisfying the Release Requisite Consents in the Tender Offer.<\/p>\n<p>\nLightning\u2019s obligation to purchase Notes in the Tender Offer is conditioned on the satisfaction or waiver of a number of conditions as described in the Statement, including the Financing Condition (as defined in the Statement). The Tender Offer is not conditioned upon the tender of any minimum principal amount of Notes. In the event of a termination of the Tender Offer, neither the applicable consideration will be paid or become payable to the holders of the Notes, and the Notes tendered pursuant to the Tender Offer will be promptly returned to the tendering holders. Lightning has the right, in its sole discretion, to not accept any tenders of Notes for any reason and to amend or terminate the Tender Offer at any time.<\/p>\n<p>\nCopies of the Statement are available to holders of the Notes from D.F. King &amp; Co., Inc., the tender agent and information agent for the Tender Offer (the \u201cTender and Information Agent\u201d). Requests for copies of the Statement should be directed to the Tender and Information Agent at (888) 605-1956 (toll free) and (646) 602-4897 (banks and brokers) or by e-mail to <a rel=\"nofollow\" href=\"mailto:nrg@dfking.com\">nrg@dfking.com<\/a>. Lightning has engaged Citigroup Global Markets Inc. and Santander US Capital Markets LLC as lead dealer managers for the Tender Offer and lead solicitation agent for the Consent Solicitation. Questions regarding the terms of the Tender Offer and Consent Solicitation may be directed to Citigroup Global Markets Inc. at +1 (212) 723-6106 (collect) or +1 (800) 558-3745 (toll-free) and Santander US Capital Markets LLC at +1 (212) 350-0660 (collect) or +1 (855) 404-3636 (toll-free).<\/p>\n<p>\nNone of Lightning, the dealer managers, the Tender and Information Agent, the trustee for the Notes or any of their respective affiliates is making any recommendation as to whether holders should or should not tender any Notes in response to the Tender Offer or expressing any opinion as to whether the terms of the Tender Offer are fair to any holder. Holders of the Notes must make their own decision as to whether to tender any of their Notes and, if so, the principal amount of Notes to tender. Please refer to the Statement for a description of the offer terms, conditions, disclaimers and other information applicable to the Tender Offer and Consent Solicitation.<\/p>\n<p>\nThis press release does not constitute an offer to purchase or the solicitation of an offer to sell any securities. The Tender Offer is being made solely by means of the Statement. Lightning is making the Tender Offer only in those jurisdictions where it is legal to do so. The Tender Offer is not being made to holders of the Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.<\/p>\n<p><b>About NRG<\/b><\/p>\n<p>\nNRG is a leading provider of electricity, natural gas, and smart home solutions to eight million customers across North America. The company operates a customer-first platform supported by a diversified supply strategy and the safe, reliable operation of approximately 25 GW of power generation. NRG plays a meaningful role in competitive energy markets and our innovative team is creating the flexible and affordable solutions that households and large businesses need today and in the future.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis news release contains \u201cforward-looking\u201d statements, as defined in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical facts, including statements about beliefs and expectations, are forward-looking statements. These statements discuss potential risks and uncertainties and, therefore, actual results may differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. NRG does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Such forward-looking statements may include, without limitation, statements relating to goals, intentions and expectations as to future trends, plans, events, results of operations or financial condition, or state other information relating to NRG, based on current beliefs of management as well as assumptions made by, and information currently available to, management. The words \u201cbelieves,\u201d \u201cprojects,\u201d \u201canticipates,\u201d \u201cplans,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cestimates,\u201d \u201cshould,\u201d \u201cforecasts,\u201d \u201ctargets,\u201d and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are beyond NRG\u2019s control, that may cause NRG\u2019s actual results, performance and achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Information concerning these risks and uncertainties and other factors can be found in NRG\u2019s filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d), including its reports on Forms 10-K, 10-Q and 8-K, each of which can be obtained free of charge on the SEC\u2019s web site at <i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54502319&amp;newsitemid=20260413699574&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.sec.gov&amp;index=1&amp;md5=4e7b5ed787fcdfa81118b838e1361a0e\">http:\/\/www.sec.gov<\/a><\/i>. NRG undertakes no obligation to update or revise any forward-looking statement unless required by applicable law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260413699574r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260413699574\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260413699574\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:NRGMediaRelations@nrg.com\">NRGMediaRelations@nrg.com<\/a><\/p>\n<p><b>Investors<br \/>\n<\/b><br \/>Brendan Mulhern<br \/>\n<br \/>609.524.4767<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investor.relations@nrg.com\">Investor.relations@nrg.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Energy Utilities Oil\/Gas Coal Alternative Energy Energy Nuclear<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260413699574\/en\/2708198\/3\/NRG_Logo_Full_Color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032 HOUSTON&#8211;(BUSINESS WIRE)&#8211; NRG Energy, Inc. (NYSE:NRG) announced today that its wholly-owned subsidiary, Lightning Power, LLC (\u201cLightning\u201d), has commenced an offer to purchase for cash (the \u201cTender Offer\u201d) any and all of Lightning\u2019s outstanding 7.250% senior secured notes due 2032 (the \u201cNotes\u201d), of which $1,500 million aggregate principal amount is currently outstanding. In conjunction with the Tender Offer, Lightning is also soliciting consents (the \u201cConsent Solicitation\u201d) to adopt certain proposed amendments to the indenture governing the Notes (the \u201cIndenture\u201d) to (1) eliminate substantially all of the restrictive covenants and certain affirmative covenants and events of default &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-951177","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032 HOUSTON&#8211;(BUSINESS WIRE)&#8211; NRG Energy, Inc. (NYSE:NRG) announced today that its wholly-owned subsidiary, Lightning Power, LLC (\u201cLightning\u201d), has commenced an offer to purchase for cash (the \u201cTender Offer\u201d) any and all of Lightning\u2019s outstanding 7.250% senior secured notes due 2032 (the \u201cNotes\u201d), of which $1,500 million aggregate principal amount is currently outstanding. In conjunction with the Tender Offer, Lightning is also soliciting consents (the \u201cConsent Solicitation\u201d) to adopt certain proposed amendments to the indenture governing the Notes (the \u201cIndenture\u201d) to (1) eliminate substantially all of the restrictive covenants and certain affirmative covenants and events of default &hellip; Continue reading &quot;NRG Energy, Inc. Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-14T12:27:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260413699574r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nrg-energy-inc-announces-cash-tender-offer-and-consent-solicitation-for-any-and-all-of-lightning-power-llcs-outstanding-7-250-senior-secured-notes-due-2032\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NRG Energy, Inc. 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Announces Cash Tender Offer and Consent Solicitation for any and all of Lightning Power, LLC\u2019s outstanding 7.250% Senior Secured Notes due 2032 HOUSTON&#8211;(BUSINESS WIRE)&#8211; NRG Energy, Inc. (NYSE:NRG) announced today that its wholly-owned subsidiary, Lightning Power, LLC (\u201cLightning\u201d), has commenced an offer to purchase for cash (the \u201cTender Offer\u201d) any and all of Lightning\u2019s outstanding 7.250% senior secured notes due 2032 (the \u201cNotes\u201d), of which $1,500 million aggregate principal amount is currently outstanding. In conjunction with the Tender Offer, Lightning is also soliciting consents (the \u201cConsent Solicitation\u201d) to adopt certain proposed amendments to the indenture governing the Notes (the \u201cIndenture\u201d) to (1) eliminate substantially all of the restrictive covenants and certain affirmative covenants and events of default &hellip; Continue reading \"NRG Energy, Inc. 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