Gaudette described the arrangement as NRG’s first “bring your own power” project, or BYOP, a model under which new power demand is paired with new generation supported by the customer. At full operation, management expects at least $500 million of annual adjusted EBITDA and approximately $375 million of annual free cash flow before growth. West adjusted EBITDA increased $27 million, aided by lower operating expenses after a facility lease expired last year. Smart Home adjusted EBITDA increased $42 million; customer count reached 2.45 million, up 8% year over year. About NRG Energy (NYSE:NRG)NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas.