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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

DOE Backs Bonneville Wind Power Projects

LCG, June 26, 2001--The U.S. Department of Energy announced this morning that, through the Bonneville Power Administration, it intends to sign pre-development agreements for seven wind power projects to provide an additional 830 megawatts of generating capacity in the Pacific Northwest.

"Hydropower, geothermal, wind, and other renewables are highlighted in the National Energy Policy for their potential for strengthening America's energy security," said Energy Secretary Spencer Abraham. "While renewables remain a small percentage of our electricity generation portfolio, we look forward to increasing this share through continued federal leadership."

Bonneville, the huge taxpayer-owned electricity marketer, selected the wind projects from 25proposals totaling about 2,600 megawatts, the largest request for wind proposals ever conducted in the United States.

The average first-year cost of the power is expected to be less than $30 per megawatt-hour, the DOE claimed. After adding in costs of intermittent wind generation, Bonneville's wind program is projected to be cost-competitive with other sources of generation such as coal and natural gas.

The Energy Department said the projects could be up and running in about two and a half years. Five of the projects are in Washington State and two are in Oregon.

Because of the unreliability of wind, power generated in wind farms cannot be contracted for in advance, and must be used to offset reliable generation that may be less environmentally benign. Moreover, wind power experts concede that wind power installations can be expected to produce only 20 percent of their nameplate capacity.

The DOE, it appears, will fund the equivalent of 166 megawatts of back-up generation. Financial details were not disclosed.

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