# Who does NRG Energy pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/nrg-energy · Facet: suppliers · Updated: 2026-09-24T04:43:24.255219+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: NRG Energy's confirmed suppliers/cost counterparties include CenterPoint Energy, GE 버노바 plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 4 cost edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-09-24).

### 센터포인트 에너지 (high)  → /centerpoint-energy.md
- metric: Amount $1.2B · FY2025 · Houston Electric revenue from NRG affiliates
- note: NRG Energy, through its retail affiliates, is Houston Electric's largest external customer group and receives from CenterPoint Energy the distribution of electricity sold by those retailers and billing for regulated delivery charges.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/1130310/000113031026000008/cnp-20251231.htm: "Affiliates of NRG $1,229."
- [mentions] Toss Securities Research Center (KO, research, published 2025-09-24) https://home-files.tossinvest.com/files/investment-info/a97ffd82-a59e-484e-a199-333b87c4241a.pdf: "The report identifies Vistra, CenterPoint Energy, and NRG Energy as companies with high Texas revenue exposure."

### GE 버노바 (high)  → /ge-vernova.md
- note: Develops 5.4GW of new gas CCGT with GE Vernova and Kiewit and pre-booked 3.6GW of GE Vernova 7HA turbine slots — in a tight turbine market, securing slots is the physical gate to datacenter-generation expansion.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-24) https://www.sec.gov/Archives/edgar/data/1013871/000101387126000004/nrg-20251231.htm: "On February 13, 2025, NRG signed a strategic Project Development Agreement with GE Vernova ( GEV ) and Kiewit s subsidiary, TIC, to develop and construct up to 5.4 GW of new gas-fired, combined cycle generation projects... NRG has entered into slot reservation agreements with GEV for the procurement of 3.6 GW of 7HA gas turbines."
- [confirms] Utility Dive (EN, news, accessed 2026-07-11) https://www.utilitydive.com/news/nrg-aims-for-2026-next-step-in-54-gw-gas-deal-with-ge-vernova-kiewit/805692/: "NRG aims for the 2026 next step in its 5.4-GW gas deal with GE Vernova and Kiewit, planning 1.2 GW in service by 2029, 1.2 GW by 2030 and 3 GW more from 2030 to 2032."

### 도매 전력·에너지 매입 (high)
- note: Buys power/energy wholesale to serve retail — $21,194M in FY2025, its largest cost, so wholesale prices are the key retail-margin variable.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-24) https://www.sec.gov/Archives/edgar/data/1013871/000101387126000004/nrg-20251231.htm: "Purchased energy and other cost of sales (c) 21,194 19,371 (1,823)"

### 천연가스 연료 (high)
- note: Natural gas fuel burned at its gas-fired plants. Cost of fuel was $1,195M in FY2025, up from $890M.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-24) https://www.sec.gov/Archives/edgar/data/1013871/000101387126000004/nrg-20251231.htm: "Cost of fuel 1,195 890 (305)"

Reverse side: https://valuechain.wiki/nrg-energy/customers.md · Ripple: https://valuechain.wiki/nrg-energy/ripple.md

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Full node: https://valuechain.wiki/nrg-energy.md · JSON: https://valuechain.wiki/nrg-energy.json