HOUSTON–(BUSINESS WIRE)–NRG Energy, Inc. (NYSE: NRG) today announced that it has entered into a definitive agreement to sell six natural gas generation assets to LS Power, for a purchase price of $4 billion in cash, subject to working capital and other closing adjustments. The purchase price represents an implied 2027 valuation multiple of 8.0x EV/Adj. EBITDA. “We are unlocking substantial value from a select group of assets, while maintaining a robust generation footprint in PJM and ERCOT th