POWER Magazine•1 day ago
Vistra to Bolster Gas-Fired Fleet by 5.5 GW With $4B Cogentrix Acquisition
- •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.
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