NRG Energy launches 12.3M-share secondary offering; LS Power seeks to raise $2.1B in sale (NRG:NYSE)

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NRG Energy announced a secondary offering of 12.3 million common shares held by LS Power, causing NRG’s stock to drop 3.7% post-market. LS Power aims to raise approximately $2.1 billion through this sale, with underwriters having an option for additional purchases.

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