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Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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Industry News

Construction Celebration at Arevon Energy's 300 MW/1,200 MWh Nighthawk Energy Storage Project in California

LCG, July 31, 2025--Arevon Energy, Inc. today announced a milestone celebration event for the construction proceedings at its Nighthawk Energy Storage Project in Poway, California. The $600 million Nighthawk Energy Storage Project, with a design capacity of 300 MW/1,200 MWh, will use modern lithium iron phosphate batteries. The project will be built by Rosendin. Arevon developed the project and will own and operate the facility.

Arevon signed a long-term contract back in 2021 under which the Nighthawk Energy Storage Project will provide energy and resource adequacy to Pacific Gas and Electric Company (PG&E). The project will connect to the grid at the Sycamore Canyon Substation located on the Marine Corps Air Station (MCAS) Miramar, which distributes energy to the greater San Diego area.

"What sets the Nighthawk Energy Storage Project apart is Arevon's years of experience and proven track record in successfully developing safe, reliable renewable energy and battery storage projects in California and throughout the United States as well as the project's design, which includes added safety measures and will comprise the safest and most advanced batteries on the market today. In addition, Arevon has partnered with the Poway Fire Department, who is committed to protecting the community, first responders, and the facility in the unlikely event an incident occurs," said Arevon's Chief Executive Officer at Arevon. "Battery storage is the way of the future, and Arevon is pleased to bring this essential energy solution to Poway, where we are committed to being a great community partner through the project's multi-decade life."
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