NRG Signs First Data-Center Power Deals Totaling 295 MW (1)

(Updates with CEO comment. An earlier version of this story was corrected to say the VPP megawatt target was increased.)

• NRG Energy signed “premium, long-term retail agreements” with data centers for 295 megawatts of electricity, the US power producer said in a 2Q filing, without disclosing financial terms
• “This is just the beginning,” and NRG is working on another 4 GW of joint-development agreements and letters of intent with data-center developers, CEO Larry Coben said on a call with analysts
• NRG said its Texas virtual power plant, which frees up megawatts during periods of stress by throttling back usage ...