POWER Magazine•1 day ago
Vistra to Bolster Gas-Fired Fleet by 5.5 GW With $4B Cogentrix Acquisition
Key Takeaway
Vistra's $4B acquisition of 5.5 GW of gas-fired assets signals a strategic bet on dispatchable thermal generation in key competitive markets, impacting capacity and reliability outlooks.
AI Summary
- •Vistra Corp. is acquiring Cogentrix Energy for $4 billion, adding 5.5 GW of modern natural gas generation to its portfolio.
- •The acquisition expands Vistra's operational footprint across key competitive markets: PJM Interconnection, ISO New England, and ERCOT.
- •This significant M&A activity signals a strategic investment in dispatchable thermal generation, impacting capacity market dynamics and grid reliability for large power consumers and IPPs in these regions.
Topics
capacity-marketccgtemissionsercotfinancinginterconnectm&apjmsimple-cycle
Article Content
Vistra Corp. has executed definitive agreements to acquire Cogentrix Energy, a portfolio company of Quantum Capital Group, in a $4 billion transaction that will expand its generation footprint across the PJM Interconnection, ISO New England, and the Electric Reliability Council of Texas (ERCOT). Announced on Jan. 5, 2026, the acquisition includes 10 modern natural gas […] The post Vistra to Bolster Gas-Fired Fleet by 5.5 GW With $4B Cogentrix Acquisition appeared first on POWER Magazine .