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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

Morgan Stanley Plans 324 Megawatt Tacoma Plant

LCG, June 11, 2001--Morgan Stanley Capital Group plans to build a 324 megawatt gas-fueled power plant on 17.3 acres of land south of Tacoma, Wash., the Port of Tacoma said Friday. The Port Commission had accepted Morgan Stanley's $2.83 million bid for the land a day earlier.

No timetable for development of the plant was disclosed, but "We'd like to begin work as soon as possible," said Morgan Stanley's Jim North. "Construction time is in the range of about six months once we begin grading the site."

North added "Our goal here is to work with Tacoma Power and get interconnected with the grid as soon as possible."

The $100 million facility will be built in the port's Frederickson industrial area, which has a natural gas pipeline running through it. Building the plant will create about 100 construction jobs and the completed facility will have around 10 permanent employees.

"We're very happy to be able to provide a site for a project that will increase the amount of electrical energy available to our community," said Port of Tacoma Commission President Connie Bacon. "This will help keep our economy and business climate on track."

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