Weekly Recap: NRG clears 6,839 MW in PJM auction and Scotiabank raises $226 target

NRG Energy (NYSE:NRG) locked in 6,839 MW in PJM’s 2028–29 capacity auction at an average $325/MW‑day, securing revenue and commitments for the delivery year as Scotiabank kept an Outperform rating and nudged its 12‑month target to $226.

Previous Week Recap

• NRG Energy Clears 6,839 MW: NRG Energy cleared 6,839 MW in PJM’s 2028–29 capacity auction at an average clearing price of $325 per MW‑day, locking in capacity commitments and per‑MW‑day revenue for that delivery year.
• Scotiabank Keeps Sector Outperform: Scotiabank kept its Sector Outperform on NRG Energy (NRG) and raised the 12-month price target to $226 from $223; rating unchanged, target up $3.

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