NRG Energy announces $2.5M investment in Equilibrium Energy

NRG Energy (NRG) announced a $2.5M investment in Equilibrium Energy, an energy technology platform that leverages AI to enhance energy portfolio optimization capabilities. With this investment, NRG said it aims to gain market intelligence and explore solutions to address grid volatility created by load growth, intermittent renewable generation, and extreme weather events. “We are always looking to support innovative technologies that strengthen the energy landscape,” said Robert J. Gaudette, Executive Vice President, President of NRG Business and Wholesale Operations. “Equilibrium’s AI-driven platform offers a differentiated approach to managing volatility and balancing risk, and we are excited to invest in their vision and collaborate with their team.” The investment comes from NRG’s corporate venture capital fund, designed to create strategic opportunities that align with the company’s long-term vision. The $50M fund will deploy capital over the next 5 to 7 years and focus primarily on investment opportunities in early- and mid-stage companies. Initial investments will range in size from $0.5M-$2.5M and the fund will maintain reserves for follow-on investments. Cerity Partners Ventures, a firm specializing in corporate venture capital, will help NRG manage the fund.