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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

New York City Begins Testing Mini-Power Plants

LCG, June 5, 2001The New York Power Authority said yesterday it has begun testing the 11 mini-power plants it is installing in New York City and on Long Island in order to provide 484 megawatts of much-needed power this summer and avoid California-style blackouts.

"We successfully tested unit 1 at Hell Gate in the Bronx this morning. We started the unit up, ran some tests and synced it to the grid," Luis Rodriguez, a spokesman for the NYPA, told Reuters news service.

Rodriguez said that 10 of the 11 turbine generators will be tested by the end of this month, Rodriguez said, but one unit in the Williamsburg section of Brooklyn was delayed by lengthy site preparation.

Last summer, New York City escaped serious power supply problems only because of mild weather, the New York State Public Service Commission found, but the PSC said at the time that the city would need at least 315 megawatts of additional generation for this summer.

The commission asked the NYPA to develop a plan to meet the power shortfall and the installation of the 11 small turbines began earlier this year. The project will cost more than $500 million.

Where two 44 megawatt turbines are installed on a single site, output will be limited to 79.9 megawatts to avoid violating a state law that requires any power plant 80 megawatts or larger to be approved by the State Siting Board, a process that takes a year or more and would have prevented the plants from being on line this summer.

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