LS Power-affiliated investment entities disclosed a significant ownership stake in NRG Energy, Inc. common stock on a Schedule 13G. Lightning Power Holdings, LLC beneficially owns 19,025,277 shares, representing 8.86% of NRG’s common stock, based on 214,677,543 shares outstanding reported in a recent registration statement.
Through a chain of ownership involving Fund III Lightning Holdings, Granite Energy entities, and LS Power private equity funds, these entities may be deemed to share beneficial ownership of the Lightning Power stake. LS Power Equity Advisors, LLC and its president, David Nanus, may be deemed to beneficially own a total of 24,250,000 shares, or 11.30% of the class, including 5,224,723 shares held by other sellers advised by LS Power Equity Advisors.
A Voting Trust Agreement dated January 30, 2026 places 2,589,007 Lightning Power shares and 710,993 shares from other sellers into a trust, giving the trustee voting rights over 3,300,000 shares. The trustee must generally vote these shares in line with recommendations of NRG’s board or a designated board committee. The filing certifies that the securities were not acquired to change or influence control of NRG, other than in connection with director nomination activities permitted under applicable proxy rules.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NRG ENERGY, INC.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
629377508
(CUSIP Number)
01/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
Lightning Power Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,025,277.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,025,277.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,025,277.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.86 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement (discussed below), Lightning Power Holdings, LLC deposited 2,589,007 shares of Common Stock in the Trust (as defined below) and granted to the Trustee (as defined below), subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock beneficially owned by Lightning Power Holdings, LLC.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the Securities and Exchange Commission ("SEC") on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
Fund III Lightning Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,025,277.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,025,277.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,025,277.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.86 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC deposited 2,589,007 shares of Common Stock in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock (a) beneficially owned by Lightning Power Holdings, LLC and (b) indirectly held by Fund III Lightning Holdings, LLC, who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
Granite Energy, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,025,277.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,025,277.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,025,277.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.86 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC deposited 2,589,007 shares of Common Stock in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock (a) beneficially owned by Lightning Power Holdings, LLC and (b) indirectly held by Granite Energy, LLC, who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
Granite Energy Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,025,277.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,025,277.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,025,277.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.86 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC deposited 2,589,007 shares of Common Stock in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock (a) beneficially owned by Lightning Power Holdings, LLC and (b) indirectly held by Granite Energy Holdings, LLC, who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
LS Power Equity Partners III, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,025,277.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,025,277.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,025,277.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.86 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC deposited 2,589,007 shares of Common Stock in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock (a) beneficially owned by Lightning Power Holdings, LLC and (b) indirectly held by LS Power Equity Partners III, L.P., who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
LS Power Partners III, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,025,277.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,025,277.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,025,277.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.86 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC deposited 2,589,007 shares of Common Stock in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock (a) beneficially owned by Lightning Power Holdings, LLC and (b) indirectly held by LS Power Partners III, L.P., who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
LS Power Fund III G.P., LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
19,025,277.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,025,277.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,025,277.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.86 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC deposited 2,589,007 shares of Common Stock in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock (a) beneficially owned by Lightning Power Holdings, LLC and (b) indirectly held by LS Power Fund III G.P., LLC, who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
LS Power Equity Advisors, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,250,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,250,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,250,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.30 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC and the other Sellers (as defined below), deposited 2,589,007 and 710,993 shares of Common Stock, respectively, in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock held indirectly by LS Power Equity Advisors, LLC, who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
CUSIP No.
629377508
1
Names of Reporting Persons
David Nanus
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,250,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,250,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,250,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.30 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (1) Pursuant to the Voting Trust Agreement, Lightning Power Holdings, LLC and the other Sellers, deposited 2,589,007 and 710,993 shares of Common Stock, respectively, in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. As a result, the Trustee has the right to direct the voting of such shares of Common Stock deemed held indirectly by Mr. Nanus, President of LS Power Equity Advisors, LLC, who may be deemed to share the right to direct the disposition of all such shares.
(2) The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
NRG ENERGY, INC.
(b)
Address of issuer's principal executive offices:
910 Louisiana Street, Houston, TX, 77002
Item 2.
(a)
Name of person filing:
This statement is being filed jointly by the following (each, a "Reporting Person," and collectively, the "Reporting Persons"):
Lightning Power Holdings, LLC, a Delaware limited liability company
Fund III Lightning Holdings, LLC, a Delaware limited liability company
Granite Energy, LLC, a Delaware limited liability company
Granite Energy Holdings, LLC, a Delaware limited liability company
LS Power Equity Partners III, L.P., a Delaware limited partnership
LS Power Partners III, L.P., a Delaware limited partnership
LS Power Fund III G.P., LLC, a Delaware limited liability company
LS Power Equity Advisors, LLC, a Delaware limited liability company and SEC-registered investment adviser.
David Nanus
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 250 W 55th Street, 31st Floor, New York, New York 10019.
(c)
Citizenship:
Each of the Reporting Persons that are entities are organized under the laws of the State of Delaware. David Nanus is a citizen of the United States.
(d)
Title of class of securities:
Common Stock, par value $0.01 per share
(e)
CUSIP No.:
629377508
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Rows 9 and 11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each Reporting Person.
The number of securities reported as beneficially owned herein relates to 19,025,277 share held by Lightning Power Holdings, LLC, of which 2,589,007 have been deposited in the Voting Trust as discussed below. The majority unit holder of Lightning Power Holdings, LLC is Fund III Lightning Holdings, LLC, whose majority unit holder is Granite Energy LLC, whose sole member is Granite Energy Holdings, LLC, whose sole member is LS Power Equity Partners III, L.P., whose general partner is LS Power Partners III, L.P., whose general partner is LS Power Fund III G.P., LLC. As a result of these relationships, these entities may be deemed to beneficially own the securities held by Lightning Power Holdings, LLC.
The investment advisor of LS Power Equity Partners III, L.P. is LS Power Equity Advisors, LLC, whose President is David Nanus. As a result of the relationships described herein, each of LS Power Equity Advisors, LLC and Mr. Nanus may be deemed to share beneficial ownership of the 19,025,277 shares that may be deemed to be beneficially owned by LS Power Equity Partners III, L.P.
Furthermore, LS Power Equity Advisors, LLC, is the investment advisor to LS Power Equity Partners IV L.P, which may be deemed to beneficially own the 5,224,723 shares held by the other Sellers. As a result LS Power Equity Advisors, LLC and Mr. Nanus may be deemed to beneficially own these 5,224,723 shares as well, for a total of 24,250,000 shares. Mr. Nanus disclaims beneficial ownership of all such shares.
In connection with the closing, on January 30, 2026 of the transaction with NRG Energy, Inc. (the "Issuer") and certain of its subsidiaries, Lightning Power Holdings, LLC, Thunder Generation, LLC, and CCS Power Holdings, LLC ("Sellers"), and the Issuer entered into that certain Amended and Restated Voting Trust Agreement (the "Voting Trust Agreement") with Wilmington Savings Fund Society, FSB (the "Trustee"). Pursuant to the Voting Trust Agreement, Lighting Power Holdings, LLC and the other Sellers deposited 2,589,007 and 710,993 shares of Common Stock, respectively, in the Trust and granted to the Trustee, subject to certain exceptions, voting rights with respect to such shares. In addition, the Trustee is obligated to vote or cause to be voted the Common Stock in accordance with the written recommendations of (i) the board of directors of the Issuer or a duly organized committee thereof; or (ii) in the absence of a recommendation of the board of directors of the Issuer or a duly organized committee thereof, in accordance with the terms set forth in the Voting Trust Agreement. Therefore, the Trustee, pursuant to the Voting Trust Agreement, may be deemed to have the right to direct the voting of 2,589,007 of the reported shares of Common Stock beneficially owned by Lightning Power Holdings, LLC and indirectly held by Fund III Lightning Holdings, LLC, Granite Energy, LLC, Granite Energy Holdings, LLC, LS Power Equity Partners III, L.P., LS Power Partners III L.P., and LS Power Fund III G.P., LLC and 3,300,000 of the reported shares of Common Stock held indirectly by LS Power Equity Advisors, LLC and David Nanus.
On January 30, 2026, the Sellers entered into a Joint Filing Agreement relating to the filing of this Schedule 13G, a copy of which is annexed hereto as Exhibit 99.1.
(b)
Percent of class:
The information required by Item 4(b) is set forth in Rows 9 and 11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each Reporting Person.
The percent of class represented by the amount in Row (11) is based on 214,677,543 shares of Common Stock of the Issuer issued and outstanding as reported in the Issuer's Registration Statement on Form S-3 filed with the SEC on February 2, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What ownership stake in NRG (NRG) do LS Power-affiliated entities report?
LS Power-affiliated entities report beneficial ownership of 24,250,000 NRG common shares, or 11.30% of the outstanding class. This total includes 19,025,277 shares held by Lightning Power Holdings, LLC and 5,224,723 shares held by other sellers advised by LS Power Equity Advisors, LLC.
How many NRG (NRG) shares does Lightning Power Holdings, LLC beneficially own?
Lightning Power Holdings, LLC beneficially owns 19,025,277 NRG common shares, equal to 8.86% of the class. That percentage is calculated using 214,677,543 shares outstanding reported in NRG’s Form S-3 registration statement filed with the SEC on February 2, 2026.
What is the purpose of the Voting Trust Agreement mentioned in the NRG (NRG) Schedule 13G?
The Voting Trust Agreement gives a trustee voting rights over certain NRG shares deposited into a trust. Lightning Power Holdings placed 2,589,007 shares and other sellers deposited 710,993 shares, totaling 3,300,000 shares, which the trustee votes largely following NRG’s board recommendations.
How are LS Power ownership and control over NRG (NRG) shares structured?
Ownership is held through a chain of entities starting with Lightning Power Holdings, LLC and upstream LS Power funds. Because each upstream entity controls or advises lower-tier holders, they may be deemed to share beneficial ownership of the 19,025,277 Lightning Power shares and additional shares held by other sellers.
What does the Schedule 13G say about intentions to influence control of NRG (NRG)?
The filing certifies that the reported NRG securities were not acquired and are not held to change or influence control of the company. It notes they are also not held in connection with any control-related transaction, other than activities solely related to director nominations under specified proxy rules.
Who is David Nanus in relation to the NRG (NRG) stake, and what is his role?
David Nanus is identified as President of LS Power Equity Advisors, LLC and may be deemed to share beneficial ownership of 24,250,000 NRG shares. These include Lightning Power’s holdings and additional shares of other sellers advised by LS Power Equity Advisors, although Mr. Nanus disclaims beneficial ownership.
