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NRG Energy Raises Guidance, Cites Strength Of Integrated Platform And Consumer Strategy

September 25, 2024

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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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NRG Energy, Inc. today increased its 2024 guidance as follows:

• Adjusted EBITDA guidance increased to $3,525 million - $3,675 million from $3,300 - $3,550 million, representing a midpoint increase of $175 million

• Free Cash Flow before Growth (FCFbG) guidance increased to $1,975 million - $2,125 million from $1,825 - $2,075 million, representing a midpoint increase of $100 million

Larry Coben, NRG Chair, President and Chief Executive Officer, stated that the increased guidance, "reflect[s] the strength of our integrated platform and the best-in-class execution of our leading consumer strategy."

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