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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.

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Industry News

UtiliCorp in $189 Million Winning Bid for Western Australia's AlintaGas

LCG, Aug. 1, 2000--UtiliCorp United said yesterday that it and its Australian affiliate United Energy Ltd. had won the bidding for 45 percent of AlintaGas, a natural gas distribution company being offered by the government of the state of Western Australia, with an offer of $189 million (U.S.).

AlintaGas, is based in Perth, serves about 400,000 customers and is Western Australia's principal gas distributor. The remaining 55 percent of the company will be sold to the public in Australia in a public offering scheduled for September.

Robert K. Green, president and chief operating officer of UtiliCorp and chairman of United Energy, said "AlintaGas is a well-positioned business and complements our existing Australian business very well. We expect this transaction to be slightly accretive to UtiliCorp earnings in its first year of operations."

UtiliCorp got into the Australian energy business when, in 1995, it was part of a consortium that purchased United Energy from the state of Victoria. It now owns 34 percent of United Energy.

UtiliCorp said it expected to close the AlintaGas deal by the end of October.

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