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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

PSEG India Plant Begins Producing Power

LCG, June 12, 2001--Tanir Bavi Power Co., a joint venture between the PSEG Global unit of U.S. utility holding company Public Service Enterprise Group and the GMR Vasavi Group of India, announced yesterday that it had begun simple cycle operation of 170 megawatts of its planned 220 megawatt combined-cycle plant located on a barge south of Mangalore in the state of Karnataka, India.

A joint venture of PSEG Global and GMR Vasavi Group will operate the plant, which is expected to begin combined cycle operation in July.

The barge was assembled by Hyundai in Korea and then shipped to the Mangalore Coast. Tanir Bavi Power Co. has a power purchase agreement with the Karnataka State Electricity Board andescrow support from the Karnataka Power Transmission Corporation Ltd.

If PSEG runs into problems with the Karnataka State Electricity Board, similar to those which beset Enron Corp.'s Dabhol Power Co. with the Maharashtra State Electricity Board, the barge may make it possible to tow the whole operation to a more investor-friendly venue.

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