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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

Power Authority Announces Long Island Projects

LCG, Nov. 14, 2002--Two power projects which will provide up to 134.9 megawatts of generating capacity before next summer have been announced by the Long Island Power Authority (LIPA).

In Far Rockaway, a 55-megawatt unit will be built by FPL Energy, the subsidiary of FPL Group Inc. The facility will be sited adjacent to the existing Bayswater plant. Once built, the output of the Bayswater Clean Energy Center, a peaking plant, will be sold under a long-term contract to LIPA. North Bellport will be home to a plant built by PSEG Power, which is to supply 79.9 megawatts.

The plants will provide most but not all of the projected need on Long Island for next summer. Seasonally elevated heat and humidity will mean that 200 megawatts of capacity are required, according to Richard Kessel, the LIPA chairman, in a statement.

A plant which was previously planned by PPL Corp. in Freeport would have provided 44 megawatts starting next year, but was canceled by the developer. The reasons cited were rising costs and delays in the schedule, with the possibility of $65 million in avoided expenditures, according to PPL.
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