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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

AES Says Justice Probe Arose from Thermo Ecotek Deal

LCG, June 7, 2001An investigation by the U.S. Justice Department focused on dealings between AES Southland LLC and Williams Energy Services Co. may have had its origins in a Justice Department review of the planned acquisition by AES Corp. of Thermo Ecotek Corp., an AES spokesman said yesterday.

On Tuesday, AES Corp. revealed in a Securities and Exchange Commission filing that it was under investigation by the antitrust division of Justice. The department alleges that an agreement between AES Southland, which operates three large power plants in Southern California, and Williams, which markets all of the power from those plants, "limits the expansion of electric generating capacity at or near certain plants owned by AES Southland LLC."

Yesterday, AES spokesman Kenneth Woodcock said the investigation grew out of a routine Justice Department review of AES Corp.'s plans to buy Thermo Ecotek from Thermo Electron Corp. of Massachusetts. That $195 million deal was announced in February.

Both AES and Williams said they are cooperating with the investigation.

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