NRG · 8-K · 20260804PR000018

T.H. Wharton Generation Facility

NRG ENERGY, INC. · 2026-08-04 · Importance 34 · Surprise 42 · In source text

NRG achieved commercial operations on May 26, 2026, at the 415 MW T.H. Wharton facility, its first new-build generation asset in nearly a decade. The company entered a June 17 completion-bonus agreement with the PUCT for up to $54.72 million, payable in ten annual installments beginning after the initial test period ends May 31, 2027, subject to facility performance. NRG's two additional Texas Energy Fund projects remain on time and on budget, with the program targeting 1.5 GW of new generation by mid-2028. Six-month capital expenditures were $655 million, compared with $595 million in the prior-year period, and investing cash outflows included $7,101 million for acquisitions.

Key facts

• Entered into a completion bonus grant agreement with the PUCT for T.H. Wharton for up to $54.72 million, to be paid in ten annual installments beginning after the initial test period ends on May 31, 2027 source
• Through the Texas Energy Fund program, NRG plans to bring online a total of 1.5 GW of new power generation by mid-2028 source
• Achieved commercial operations at the 415 MW T.H. Wharton facility on May 26, 2026 source
• NRG's two additional Texas Energy Fund projects remain on time and on budget source

Impact estimates